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DiCicco on Cap 2.5

June 1, 2010

Assemblyman Domenick DiCicco

Asseblyman DiCicco released the following letter to the editor today.

Despite eight years of failed Democrat policies that have resulted in massive property tax increases, spending and debt, Democrats remain unwilling to change the way New Jersey government operates. They have taken every opportunity to criticize Governor Christie’s proposals to reduce spending and reform government at all levels.

Their opposition shows they are more interested in preserving self-interest than in doing what is best for taxpayers, who have endured 115 new or increased taxes under Democrat rule since 2002. Most disturbing is their reluctance to support the governor’s plan – “Cap 2.5” – that would put the brakes on the state’s soaring property tax levies. It defies reason that they would rather continue their “tax, spend and borrow” ways of governing than change course and embrace an already proven plan.

A recent joint study by the  Common Sense Institute of New Jersey and the Manhattan Institute for Policy Research shows Massachusetts’ Proposition 2.5, on which Gov. Christie’s proposal is based, helped significantly restrict property-tax growth, overall tax growth and per-pupil spending without harming student achievement.

There’s no reason to believe Massachusetts’ program, which was implemented in 1982, would not work just as well in the Garden State. In 1977, Massachusetts had the 3rd highest local tax burden, but by 2005 it had the 33rd highest. In addition, national test scores showed students in public schools in Massachusetts outperformed their New Jersey peers on standard assessment tests.

Gov. Christie’s resolutions, ACR-130 and ACR-131 – which would require voter approval to cap state and local spending, respectively, at 2.5 percent annually, and for which I am a sponsor – is our best hope for solving the state’s chronic property tax  problem. Since the only proposal Democrats have offered are more tax increases, I would suggest they, including my counter-part,  Assemblyman Paul Moriarty, endorse the governor’s plan. Our taxpayers can no longer afford their status quo.

Domenick DiCicco

Assemblyman, 4th Legislative District

One Comment leave one →
  1. camille capobianco permalink
    June 1, 2010 1:11 pm

    People should enbrace the change its hard but the benefits over the long run will be far greater for us as a state

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