Even though New Jersey faces a revenue shortfall, Gov. Chris Christie is renewing his call for a tax cut.
Christie vows he will find a way to cut spending to pay for it if the Legislature agrees to the plan to provide income tax credit for property tax relief.
“They have no excuse not to do this, and I’m making the commitment to the people of New Jersey that I care more about tax relief than I care about government spending,” Christie said Wednesday. “So let’s get the tax relief in place. Let’s give people some help especially in times like this.”
Christie says he’s figured out how to close plenty of deficits in the past four years and will come up with a way to make up for lower revenue that would result from a tax cut.
Senate President Steve Sweeney has repeatedly indicated that Democrats who control the Legislature are open to the idea of cutting taxes but only if revenues improve.