Category: Press Release

O’SCANLON APPLAUDS SENATE ACTION ON ARBITRATION BILL

Assembly Republican Press Release -

Assemblyman Declan O’Scanlon praised the Senate’s speedy passage of the interest arbitration legislation. When police and fire companies become deadlocked in contact negotiations with their towns, they go to binding arbitration. Since 2011, arbitrators were limited to a maximum increase of 2 percent, but that law expired this April. Assembly Bill 3424, which renews the 2 percent arbitration cap, passed the Senate today.

Declan O'Scanlon

“I have to give credit to Senate President Sweeney and all of my colleagues in the Senate, they understood the need for this important legislation and they moved appropriately. The power of the tool we are giving our local officials cannot be understated. This really works and it will help our towns rein in spending at control costs. We are being both as generous with our police and firefighters while protecting taxpayers.

“The 2 percent tax/spending and arbitration caps were working, but the original arbitration law came with a sunset that I knew from the start was a bad idea. You simply can’t have viable tax and spending caps without a commensurate arbitration award cap. That would defy the laws of mathematics and condemn the tax cap to failure. This bill is essential to our continued ability to hold the line on property taxes. It is one of the most important things we will accomplish this session. We have capped towns’ spending and ability to raise revenue at 2 percent. We need to protect our towns and taxpayers by giving them the lasting tools to live within the 2 percent spending cap.”

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Casagrande: Taxpayer Exodus Will Continue

Press Release – (Trenton, NJ) – Assistant Assembly Republican Leader Caroline Casagrande, R-Monmouth, issued the following statement regarding the Senate Democrat’s FY15 budget proposal which calls for $1.6 billion in income and business tax increases:

Caroline Casagrande

“Outward migration continues to be a serious problem for New Jersey. A recent survey by a national moving company shows we are the number one state people are fleeing, and have been for the last three out of four years. Couple that with a recent Tax Foundation study which found New Jersey has the second highest tax burden in the country. It is unbelievable that the response by Democrats is to propose $1.6 billion in job killing new taxes. With proposals like that, we can only expect the taxpayer exodus to continue.”

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Rible: Senate Dem Budget Plan Targets Small Business Community

Press Release – (Trenton, NJ) – Assembly Republican Conference Leader David Rible, R-Monmouth and Ocean, issued the following statement regarding the Senate Democrat’s FY15 budget proposal which calls for $1.6 billion in income and business tax increases:

Dave Rible

“This is a job-killing proposal that makes New Jersey less competitive with other states. Any plan that targets our state’s business incentive programs will have dire consequences on our economy. BEIP grants have resulted in the creation of nearly 114,000 jobs. Any effort to change this highly successful program is irresponsible and will drive jobs from our state.”

Rible is a former small business owner who meets regularly with members of New Jersey’s business community in an effort to exchange ideas and dialogue about issues and concerns of importance to them.

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Muñoz: Raising Taxes on Job Creators Defies Logic

Press Release – (Trenton, NJ) – Assembly Deputy Republican Leader Nancy F. Muñoz, R-Union, Somerset and Morris, issued the following statement regarding the Senate Democrat’s FY15 budget proposal which calls for $1.6 billion in income and business tax increases:

Nancy Munoz

“The Democrats’ claims that our economy is failing are simply not true. The numbers out today show New Jersey’s unemployment rate continues to decrease. We have created more than 129,000 jobs under this governor’s leadership and our business climate continues to improve.”

“Raising taxes now would be catastrophic. It defies logic to increase taxes on the very people who create jobs. Increasing taxes is not fiscally responsible and these proposed tax increases will lead to people and businesses fleeing New Jersey. This budget proposal is nothing more than a cheap, political ploy that instills class warfare and will decimate our business community after we have made steady progress.”

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Rumana: Senate Dems Proposal to Raise Taxes a Job Killer

Assembly Republican Press Release -

Assembly Republican Whip Scott Rumana, R-Passaic, Bergen, Essex, Morris Somerset, released the following statement after Senate Democrat leaders announced a $1.6 billion income and business tax increase to balance the FY15 budget:

Scott Rumana

“As one of the most over-taxed states in the nation, increasing taxes is not the answer for creating jobs and attracting businesses. Our uncompetitive tax rate compared to other states is one of the reasons our economic turnaround is slower than we would like. The proposal by the Senate Democrat leaders exacerbates the problem and will drive jobs out of New Jersey.”

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Bramnick: Democrats Have Taken “Florio” Approach to State’s Future

Assembly Republican Press Release -

Assembly Republican Leader Jon Bramnick, R-Union, Morris and Somerset, issued the following statement after Senate Democrat leaders announced a $1.6 billion income and business tax increase to balance the FY15 budget:

Jon Bramnick

“The Democrats are taking the ‘Florio’ approach and raising taxes is not the answer. Instead, Democratic leadership should work with Republicans and Governor Christie who want to reduce the tax burden on all our residents. We cannot follow a path that drives residents out of our state because of ever increasing taxes.”

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Bramnick, O’Scanlon Reject Dems’ Tax Plan

Source: Asbury Park Press -

Gov. Chris Christie’s budget plan got squeezed from both sides Wednesday, with just 12 days left before the deadline for its adoption.

Senate Democratic leaders proposed to raise income and business taxes to avoid slashing pension contributions, an alternative that was quickly rejected by Christie. Meanwhile, some Republican senators have come out against $137 million in tax and fee hikes the governor proposed, including higher taxes on e-cigarettes.

Declan O'Scanlon

Jon Bramnick

“Taxes, taxes, taxes — that’s how we got in this jam,” said Assembly Minority Leader Jon Bramnick, R-Union. Assemblyman Declan O’Scanlon, R-Monmouth, said the strategy “goes right to the throats” of employers.

 

The proposal by Senate Democrats, who control 60 percent of the chamber, would generate $825 million in income taxes by raising rates by households earning $500,000 or more to their 2009 level and $375 million in additional corporate business taxes through a 15 percent surcharge. It also calls for suspending $175 million in Business Employment Incentive Program job-creation grants for a year.

Sweeney said the plan is necessary because the economy hasn’t produced the jobs and revenues needed for the state to meet its obligation under a 2010 law to put $2.25 billion into the pension fund next year. Christie plans to reduce that payment by more than two-thirds.

Christie spokesman Kevin Roberts said the Democrats’ proposal doesn’t deal with the root problems of the costs of pensions and health benefits.

“The governor has been emphatic that he will not raise taxes on already overburdened New Jersey taxpayers suffering from one of the harshest tax structures of any state in the country. Raising taxes drives businesses and citizens out of New Jersey and makes our problems worse,” Roberts said.

On his “Ask the Governor” radio program Monday, Christie said, “I am not going to raise taxes on the people of New Jersey to pay for a bloated, broken pension system and a Cadillac health plan system.”

Income tax rates, which currently cap out at 8.97 percent, would rise to 10.25 percent for household income above $500,000 and 10.75 percent on income over $1 million. The increase would be retroactive to Jan. 1, so the upcoming budget would net an extra $105 million when additional money was withheld from paychecks to cover the January-through-June period.

Sweeney said lawmakers “will look at all our constitutional opportunities to find a solution” if Christie vetoes the plan. Those options include putting a public question on the November ballot asking voters whether to increase income taxes on the wealthy and businesses.

Other Republicans also were quick to criticize Sweeney’s plan.

“Earth to Senate Democrats,” said Sen. Joseph Kyrillos, R-Monmouth. “Taxes, taxes, taxes — that’s how we got in this jam,” said Assembly Minority Leader Jon Bramnick, R-Union. Assemblyman Declan O’Scanlon, R-Monmouth, said the strategy “goes right to the throats” of employers.

But Senate Republicans also threw some cold water at Christie by announcing opposition to some tax and fee increases, including $70 million from starting to tax business-to-business sales in Urban Enterprise Zones and $35 million by taxing e-cigarettes at the same rate as traditional cigarettes. They also outlined spending cuts to make up the gap, including cuts in spending for implementing new statewide school assessments and local consolidations and shared services.

“New Jersey families know too well the negative impacts of raising taxes and fees, which we simply cannot support,” said Sen. Anthony Bucco, R-Morris.

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Bucco: Senate Dems Budget Recommendations not the Answer

Anthony M. Bucco

Source: Assembly Republican Press Release -

Assembly Republican Anthony M. Bucco, R-Morris and Somerset, who is a member of the Assembly Budget Committee, issued the following statement in response to budget recommendations announced on Wednesday by Senate Democratic Leaders:

“The people of New Jersey are drowning in taxes. A recent poll showed that upon retirement, half of the respondents plan on moving out of the state. Raising taxes is not the answer. This plan is a disaster that will put our state even further behind. We cannot tax our way out of this budget mess. The last one to leave the state, please turn out the lights!”

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O’Scanlon: Senate Dems Solution to Budget Includes $1.6 Billion in Job-Killing New Taxes

Press Release – Assembly Republican Budget Officer Declan O’Scanlon, R-Monmouth, released the following statement after the Senate Democratic Leadership press conference about the FY 2015 budget:

“The Senate Democrat’s strategy creates $1.6 billion in new taxes and goes right to the throats of the employers in New Jersey. This approach will chase private sector jobs out of the state. This is completely contrary to what we should be doing – if we care at all about our state’s future economic viability. It is also in stunning contrast to the Democrat’s rhetoric of the last several years when they have said creating jobs should be our main focus. This proposal destroys their credibility on that front.

 

Declan O'Scanlon

“Once again, the Democrats are set on creating new tax revenue – from the very people that are already the highest taxed folks in the nation. Their use of new math will only produce the same old mistakes and job losses.

“We have seen the suffocating impact of high taxes on the middle class families who have suffered as jobs moved away. The state’s economy cannot sustain additional pressures on employers who have other options. Many of them can and will decide to create jobs in other, more welcoming states if these irresponsible, short-sighted proposals are actually enacted.

“The fiscal cliff showed us what can happen when our highest taxpayers react to unsound tax policy. More of such irresponsible behavior isn’t the answer. The Democrats have failed to learn that lesson.”

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Bramnick Statement on Senate Dems Budget Recommendations

Assembly Republican Press Release -

Assembly Republican Leader Jon Bramnick, R-Union, Morris and Somerset, issued the following statement in response to budget recommendations announced today by Senate Democratic Leaders:

Jon Bramnick

“Taxes, taxes, taxes – that’s how we got in this jam. The Democrats’ solution will make our state less competitive and less attractive to business. We need to cut spending further and eventually lower the tax burden.”

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