Jack Ciattarelli on Tax Reform

Cut the Corporation Business Tax by 1% per year for 5 years

Contract with NJ GOP: lower taxes, cut spending, reduce debt

ESTABLISH A NEW JERSEY REPUBLICAN BRAND that offers concrete solutions to lower taxes, cut spending, reduce debt, create jobs, provide educational choice, make healthcare more affordable, and protect individual freedoms, while expanding our party to reflect the diversity of our state. Under my leadership, we will proudly be the Party of Lincoln in every way and compete for every vote.

Top priorities: lower property tax, reform state tax code

School funding formula is root of property tax growth

No increase in top tax rate to reduce property taxes

Excerpts from veto message: I will not permit the State to succumb to the legislature's enduring addiction to profligate taxing and spending. I also have vetoed AB 3029, which would have increased the Earned Income Tax Credit to provide relief to only a subset of NJ's taxpayers. All of our taxpayers are already subject to one of the nation's highest state income tax rates. Instead, we should be lowering taxes for all New Jerseyans.

Legislative outcome:Ciattarelli voted NAY; passed House 47-31-2 & Senate 24-16-0; Vetoed.