Loading...

Governor Christie: Democrats Hope You Don't Read The Fine Print

8,392 views

Loading...

Loading...

Transcript

The interactive transcript could not be loaded.

Loading...

Loading...

Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Published on Apr 26, 2012

Springfield Town Hall. April 26, 2013 (Transcript Below)

Governor Christie: Senate President Steve Sweeney and I both agree that income taxes should be cut, and the the Republicans in the Legislature have always believed that income taxes should be cut. And so we're working on that right now. The only people who want to raise income taxes now, again, are the Assembly Democrats. Now they're out pitching a plan right now that says they're going to give you 20% in property tax relief. That sounds really good, right? Who the heck wouldn't want to have 20% property tax relief? I'd like to have that. I pay $38,000 a year in property taxes. 20%. $7600. That's pretty good. I'd take it. But you've got to look behind the numbers because they're not telling you the truth. See, if you make $50,000 a year with a family in this state, under the Assembly Democrats' plan, they tell you you're going to get 20%.You're not. You're actually going to get 8% relief, 8% relief. How is that so? Because what they're doing and what they don't tell you is all those other property tax relief programs we have now, homestead rebate and all the rest of them, they collapse them, and they use that money, plus an income tax increase, to fund their 20% plan. Well, wait a second. If I'm getting that other money you've got to deduct that, right? Because they're not giving that to me anymore. When you do the math, they think like you're stupid and you're not going to do the math. They just tell you hey, it's 20%. 20%, great. Then you go where's that other stuff I used to get? They go, well, it's 20%. No, no, no, but where's the other stuff I used to get? I thought it was 20% on top of what I was getting. You mean you're taking that other stuff away? And then you get your pad and your pencil out and you go let me do the math. And they go don't worry about it. I did the math for you. 8%. When the Assembly Democrats say they're going to give you 20% property tax relief and they're going to raise income taxes at the same time, on businesses in this state which is going to put a screeching halt to job creation in this state be careful, because you're only going to get 8% if you make $50,000 a year. If you make $75,000 a year, you're only going to get half of what they tell you. You'll get 10%. So the very people they say they're trying to help, middle class taxpayers in this state, they're lying to you. They're lying to you. They're playing the oldest scam in the book. They're hoping you won't read the fine print. 20% in the headline. And then in the fine print in the law underneath it, it says those other programs, we're not going to do those things anymore. Well, it's not 20% is it? No it's not. It's 8% or it's 10%. Our plan is really easy. 10% is 10%. 10% for everybody. 10% across-the-board for everybody. We're not going to collapse any other programs, and we're not going to raise taxes on anybody. Remember this, please remember this. The other thing they'll tell you is we're going to raise income taxes but not on you. Don't worry about it. We're going to tax those other people. You know, the ones who make a lot of money or the ones that you don't like or the businesspeople that you don't really know. Understand something. The minute I let my foot off up off of their throat and let them raise taxes on anybody, they are coming for you next. We've seen this movie before. They raised taxes and fees 115 times in eight years, and you know they did it to you. You see your tax bill. You feel it. By the way, the 115 doesn't count property taxes. It doesn't count property taxes. 115 tax and fee increases beside your property tax increases. Now you want to know the other thing they want to do? They want to raise your gas tax too. Now this is good because this is the only place that New Jersey actually has one of the lower taxes in the country. We have among the highest income tax rates, among the highest corporate business tax rates, among the highest sales tax rates, among the highest property tax rates, but we have the sixth-lowest gas tax. So what do the Assembly Democrats want to do? Joe Cryan and John Wisniewski and Lou Greenwald, all those characters? They want to raise your gas tax too. Here's the thing with the Assembly Democrats, and it took me a while to get to this conclusion. They're obsessed with raising taxes.

Loading...


to add this to Watch Later

Add to

Loading playlists...