June 7, 2010
Re: Taxpayer’s Dollar: “Don’t Pass the Buck to NJ’s Property Taxpayers!”
Here is the latest version of A New Jersey Taxpayer’s Dollar. Based on tax receipts information reported by the Department of Community Affairs and the Office of Legislative Services, it illustrates our State’s chronic over-reliance on the property tax to fund essential public programs and services.
The Dollar shows that 44% of all State and local taxes collected in New Jersey were collected through local property taxes. (The national average is around 30%.) 21% of total taxes were collected through the State Income Tax. (The national average is 22.5%.) The State Sales Tax (The national average is 34.5%.) and all other State collected taxes, which includes cigarette taxes, liquor taxes, motor fuels taxes, etc., (The national average is 8.6%.) accounted for 15% each. And State Corporation Taxes account for 4% of the total. (The national average is 4.4%.)
We invite you to use copies of the Dollar to graphically demonstrate to your constituents our continuing need for meaningful and sustainable property tax relief and reform. (Click here for a PDF of the Tax Payer Dollar)
We hope you find it useful.
If you’d like additional copies, please contact our printer, White Eagle Printing via e-mail, email@example.com
Very truly yours
William G. Dressel, Jr.