Responding to the ridicule of teachers and the teaching profession by politicians and self proclaimed "experts"!
"Where is Albert Shanker now that we need him?" - Walt Sautter

Tuesday, August 12, 2014

“The Governor” - A "No New Taxes" Kind of Guy ???

“No pain, no gain” – No pain for New Jersey’s wealthy and plenty for the middle class, the old and the disabled.
First “The Governor” reneges on the pension funding which  he so vehemently touted and claims that he will never sign a millionaire’s tax bill to help balance the budget. He is a “no new taxes” kind of guy!
Well, now if withholding the Homestead Rebate again from families earning $150,000 or less isn’t a tax increase then what is it?
 I am sure the Governor’s will come up with a newspeak term that will avoid calling it what it is - A TAX INCREASE.
Wait a minute!
Now, in retrospect, I suppose it really isn’t a tax increase; not on the wealthy anyway, since those earning in excess of $150,000 never qualified for the rebate in the first place. Again, only common folks and public employees * will be obliged to participate in the Governor’s “No pain, no gain” scheme.
With this TAX INCREASE “The Governor’s” fear of the rich leaving the State in droves need not even be considered and I suspect he certainly has no concern about the middle class and poor leaving. As a matter of fact I think he might even welcome their loss!
*Public employees who have been subjected to the pension “reform” will suffer double the “pain” since most fall under the $150,000 income level and now will also be denied (have postponed?) their Homestead Rebate.







1 comment:

  1. I just got this email today -
    WALT, CHERYL JUST INFORMED ME THAT 300,000 MILLION OF OUR PENSION FUNDS WERE INVESTED IN REVEL, THE A.C. CASINO, THAT JUST WENT SOUTH. IT WAS DETERMINED BY ? AS A SOUND INVESTMENT BY THOSE WHO ARE IN CHARGE OF PENSION FUNDS. WHAT'S THE SCOOP ON THIS. THANKS

    My answer -
    That is true. I read about that a week or two ago. And BTW if I remember correctly it was invested through a hedge fund run by one of Christie’s buds!
    Same old s**t !!

    ReplyDelete

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