Christie Proposes 10 Percent NJ Income Tax Reduction

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Governor Chris Christie delivers the State of the State Address in the Assembly Chamber at the Statehouse in Trenton, N.J. on Tuesday, Jan. 17, 2012.  (Governor's Office/Jody Somers)

Gov. Chris Christie delivers the State of the State Address in the Assembly Chamber at the Statehouse in Trenton on Tuesday, Jan. 17. (Governor's Office/Jody Somers)

TRENTON – During today’s State of the State speech, Gov. Chris Christie proposed a 10 percent cut in state income taxes across the board that would be phased in over three years beginning in January 2013.

“Understand what this means,” Christie said. “Every New Jerseyan will get a cut in taxes…. Everyone made the sacrifice. Everyone will share in the benefit.”

The governor proposed the full restoration of the earned income tax credit to aid New Jersey’s working poor, which he reduced in his first budget in 2010.

During the speech, Christie also called for tenure reform for public school teachers and upon the Legislature to pass the Opportunity Scholarship Act, which would establish a tax credit program to fund scholarships for children in a limited number of public school districts – the worst-performing ones in the state.

Christie also proposed bail reform measures and called for mandatory rehab for non-violent drug offenders.

“I propose mandatory treatment for every non-violent offender with a drug abuse problem in New Jersey, not just a select few,” he said. “It will send a clear message to those who have fallen victim to the disease of drug abuse – we want to help you, not throw you away. We will require you to get treatment. Your life has value.”


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