Credit Pacific Service Union Property tax protests and proposals have produced plenty of sound and fury over the years, but little else. Now we can start to change that. Gov. James E. McGreevey's summit on sprawl and growth in New Jersey, starting tomorrow, offers an opportunity to build support for a constitutional convention on property taxes.
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Credit First Service Union The summit's prime purpose, of course, is to foster consensus and action on the challenges and choices that face us as our state grows over the coming decades.
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Card Credit Mobile Service All of us are familiar with the traffic congestion, loss of open space and lack of affordable housing that are part of life in New Jersey. How we accommodate the additional 1 million residents expected by 2020 -- and their transportation, housing, employment and other needs -- will determine the quality of life we leave for our children and grandchildren.
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Card Credit Discover Service Property taxes are part of this puzzle. They helped shape the modern New Jersey landscape by encouraging countless towns to "chase ratables," to hunt for that new commercial or other development to pay the heavy costs of teaching the children and plowing the roads. But the chase has often undercut wise planning, leading to still more traffic congestion and development and ever-rising local costs.
Indian Employment Credit This credit has been extended another year and will now expire at the end of 2004. This is good news if your business is located on an Indian reservation because it allows more opportunity to claim this special tax credit (up to $20, 000 per qualified employee). Electricity Produced by Renewable Sources Credit The placed in service date for qualifying property for the general business credit for electricity produced by renewable sources (Form 8835) is extended from 2001 to 2003.
Credit Public Service Union Builders, environmentalists and state and local officials agree on few things when it comes to sprawl. But they agree property tax reform must be part of our discussion on how New Jersey can grow more intelligently.
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Card Credit Processing Service Add the sprawl connection to the more notorious consequences of having some of the nation's highest property taxes -- including putting the biggest squeeze on those who can least afford it, the elderly and others on fixed incomes -- and you've got an issue that is ripe for action.
Center Credit Service Union The Governor's summit is an ideal place to begin giving our property tax problem the attention it deserves.
Card Credit Service Wireless Star-Ledger - 10/21/2002
Topic: Sprawl
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