“No New Taxes” says New Jersey Governor
Wed, May 26, 2010New Jersey has raised taxes an unbelievable 115 times. In spite of pressure to raise taxes again, Republican Governor Chris Christie says no new taxes for New Jersey.
"We're very confident we've been able to close the additional budget gap in (fiscal year) 2010 and in (fiscal year) 2011 we're going to be able to solve that problem without any new taxes at all and without any real significant cuts," Christie said.
Skipping the "fiscalese," what happened was the budget freeze imposed by Gov. Christie when he took office generated more savings than expected, enough to cover much of the lost tax money.
"I think we're going to be fine," Christie said.
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