GOP lawmaker urging vote on N.J. tax cut
October 4, 2012By Phil Gregory
The top Republican in the New Jersey Assembly is pushing for a vote this month on a tax cut bill.
Assembly Republican Leader Jon Bramnick wants a bill providing property tax credits to be considered when the Assembly, controlled by Democrats, holds its next voting session on Oct. 18.
Middle-class families and small businesses can't wait any longer for tax relief," said Bramnick, R-Union.
"There are many Democrats who put in bills that increase expenditures. So there's money out there. The question is, how do we spend it?" he said Thursday.
"The problem here is the Democrats want to spend it. We want to let the taxpayers keep it."
Assembly Speaker Sheila Oliver says she won't post the bill for a vote this month.
"We cannot hastily approve the tax cut. We are still concerned about the revenues," said Oliver, D-Essex. "We continue to be concerned about the implications for drastic or dramatic cuts to the budget."
Oliver says it's unreasonable for Gov. Chris Christie to take a position blocking any measure that increases spending unless a tax cut is approved.
Democrats want to wait until January to see if state revenues meet the governor's projections before authorizing a tax cut.