Post by vincegatto on May 20, 2010 13:36:23 GMT -5
May 20, 2010 12:43:30 GMT -5 @theterrace said:
PS - When did it become a crime to make money in the US? Hmm....
It's a crime with Gatto when one gets to keep his own money via a tax credit. For 99% of users, this bill would reduce their overall tax bill to the state -- they will get to keep a small portion of their own money before it ever gets to the state coffers. Gatto is jumping thru hoops trying to find the one who will get back more than paid in.
Gatto wants all money paid to the state and have them dish it as he sees appropriate. . . . good luck with that.
You keep calling this a "tax reduction plan" and toss around some lame figures like "99% of users".
Let's make this clear, there are 3 million homes in NJ and only 6,700 homes would be effected. Those 6,700 taxpayers represent 1/1000th of 1% of homes and that means that 99.9999% of NJ residents don't get any tax break or handout from this plan.
I call a tax reduction plan one that is of benefit to all or almost all NJ taxpayers. A select few are going to get a $15,000 handout simply because they choose to move in 2010 (and they may have been going to move anyway, so this plan could accomplish nothing)