Thursday, April 19, 2012
Speaker Oliver: Is Christie in Lock-Step with Romney when it comes to Eliminating State & Local Tax Deductions for Working Class Families?
(TRENTON) – Assembly Speaker Sheila Y. Oliver on Wednesday questioned whether Governor Christie is in lock-step with his Presidential candidate when it comes to Mitt Romney’s suggestion to eliminate state and local income and property tax deductions, as has been reported in numerous media outlets.
“Time and time again we’ve seen how out-of-touch Governor Romney is with the struggles of ordinary Americans. His latest idea, to eliminate state and local income and property tax deductions, is yet another example.
“For working-class families, every dollar saved makes a difference. Eliminating these deductions would hurt low and middle income families the most, not to mention the impact it would have on the struggling housing market. Without these deductions, many families might not be able to afford to buy a home, suppressing the market even further.
“In New Jersey, especially, where homeowners have seen their property taxes increase a net 20 percent under the Christie administration, eliminating these deductions would be crippling. Many seniors and working-class families might not be able to afford to stay in their home without these deductions.
“Since this is Governor Christie’s candidate of choice, it begs the question, does he support this misguided idea as well? We’ve seen the Governor foist many proposals from the national Republican playbook on the residents of New Jersey. The people deserve to know if this is yet another glimpse of things to come,” said Oliver (D-Essex).