Wow!
Our terrific gov, Jon Corzine has decided that those that pay property taxes in NJ will now be subjected to double taxation. Why? Well, if you have been paying property taxes, our "awesome" gov has decided that instead of being able to deduct your paid property taxes, you get to pay taxes on top of those taxes.
Let's see - if the money is taxed by the state before you get paid and then you get to pay your property taxes and then you get to pay income taxes on your property taxes!
Time to go!
I'm sure happy that Gov Corzine made his hundreds of millions of dollars via Goldman Sachs (and I'm certain that all of that was above board, right?)
Thanks a bunch gov, ever try to figure out how to shrink the size of govt? Ummm...guess not...