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Index Page » News & Media » Finance Updates
 

NJ State Budget and Bureaucrats; Raise Taxes Again?

 

In the Garden State we see controversy and chaos over the 4.5 Billion Dollar Budget Crisis and it is getting bigger. Trenton, NJ the capital is flooded in parts and that is only going to add to the crisis.

It seems New Jersey is always laced with political scandals, like the recent Closet Homosexual Governor, who hired his Israeli Sailor Boyfriend to head up the NJ Homeland Security efforts.

Well it seems useall in New Jersey sure put up with a lot of BS. Not too long ago the State of New Jersey had a huge surplus of cash. Now they are in debt up to their eyeballs. But why? Well simple really piss poor fiscal management you see? Opinion? No, that is the reality and you can ask anyone in New Jersey too. The state hired some 60,000 more state workers and well, there went the budget?

So what is the answer in New Jersey? Well, like other places across the country they are raising the sales taxes. New Jersey is also raising the Toll Ways and fees for driving on their main highways.

Almost an alarming rate some $15.00 to drive your car across their state? In a Recreational Vehicle you will pay some $40.00 plus have to pay $9.00 more to cross the bridge into New York, where they hit you again to drive on the bumpiest and ill-repaired road in the Nation.

This is enough to drive anyone to drink, but hold on to your bottle, as the taxes on Alcohol are going to go up again too. New Jersey is going to wilt.

Everyone knows when you restrict the flow of transportation it hurts the poor people and the businesses and that means people cannot get to work and businesses will move out of the state. It is a downhill slide economically speaking anyway you look at it. Consider all this in 2006.

Author: Lance Winslow
 
Author Bio:

Lance Winslow

Currently Lance is retired at age 40 and is running an Online Think Tank Forum while traveling North America. Perhaps considering something extremely challenging to do that will exercise his mind and utilize all his experiences, observations and skills. Any ideas?

This article can be searched using: financial news, reuters financial news, free financial news, financial market news
 
 
 

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