January 17, 2012
RE: 2012 State of the State Message
Today in Trenton, Governor Christie delivered his Annual State of the State message to both Houses of the Legislature. The speech, entitled “The New Jersey Comeback Has Begun,” focused on the bi-partisan accomplishments of the past two years. These include the 2% tax levy cap, pension and benefits reform and an improved business environment.
Looking forward, the Governor indicated that he will propose an across the board 10% cut in income tax rates and restoration of the Earned Income Tax Credit. He proclaimed education reform as “Job number two.” He also advocated bail reform, including denial of bail for suspects with a history of violence and mandatory treatment for every non-violent offender with an addiction.
No mention was made of property tax relief funding. We hope to learn more about that if the Governor is able to address us at the League’s Annual Mayors’ Legislative Day, on February 8, in Trenton. (To register, visit http://www.njslom.org/Mayors-Legislative-Day-2012.html.) We will keep you posted on specific initiatives and provide detail on the tax cut proposal, as they are made public.
If you have any questions, contact Jon Moran at 609-695-3481, ext. 121 or firstname.lastname@example.org
Very truly yours,
William G. Dressel, Jr.