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Chris Christie successfully cut taxes in New Jersey - yet - increased New Jersey state tax revenue..?
How is this possible you ask..?

http://blog.nj.com/njv_editorial_page/2 ... ns_an.html" onclick="window.open(this.href);return false;

http://www.forbes.com/sites/rickungar/2 ... christies/" onclick="window.open(this.href);return false;

Here are the facts:
The 16,122 families in New Jersey earning more than $1 million will get an average tax break of $40,000 apiece under this budget. At the same time those working for minimum wage will pay $300 more in state taxes annually...

So it's a NET GAIN in Tax revenue
But he can say: I cut taxes when he speaks publicly - and be telling the truth (kind of)

What the article fails to mention is exactly how MUCH those 16,122 families ARE paying into the system....

And in reading the comments, it appears the "tax cut" is really just a non-continuation of a millionaire's tax that sunsetted....but don't let facts get in the way of a good hangin'...

Conks: shitting on the little guy and sucking off fat cats since...forever.

Grizalltheway wrote:Conks: shitting on the little guy and sucking off fat cats since...forever.

Right on que....

AZGrizFan wrote:What the article fails to mention is exactly how MUCH those 16,122 families ARE paying into the system....

And in reading the comments, it appears the "tax cut" is really just a non-continuation of a millionaire's tax that sunsetted....but don't let facts get in the way of a good hangin'...

He raised taxes on over 2.15 million minimum wage earners...

and I'd guess 50% of those minimum wage earners are Republicans and believe that he cut taxes and will vote for him again
You can't make this shit up - it's too funny

Chizzang wrote:

AZGrizFan wrote:What the article fails to mention is exactly how MUCH those 16,122 families ARE paying into the system....

And in reading the comments, it appears the "tax cut" is really just a non-continuation of a millionaire's tax that sunsetted....but don't let facts get in the way of a good hangin'...

He raised taxes on over 2.15 million minimum wage earners...

and I'd guess 50% of those minimum wage earners are Republicans and believe that he cut taxes and will vote for him again
You can't make this shit up - it's too funny

You're right...

An editorial from a left-wing newspaper and Rick Ungar (writing from the left on politics and policy). You can't make this shit up...well maybe they did since they didn't supply any sources.

However, find me a "working mom" who "makes minimum wage" and has to pay state or federal income taxes, and I'll show you someone who doesn't make minimum wage.

AZGrizFan wrote:

Grizalltheway wrote:Conks: shitting on the little guy and sucking off fat cats since...forever.

Right on que....

"and in reading the comments"...well I'm glad you trust random keyboard warriors so much, Z. I think I'll wait and see what danefan has to say on this one.

Grizalltheway wrote:

AZGrizFan wrote:
Right on que....

"and in reading the comments"...well I'm glad you trust random keyboard warriors so much, Z. I think I'll wait and see what danefan has to say on this one.

and in reading the comments IT APPEARS....

Yeah, I'm sure danefan is the expert on the NJ state budget.

Chizzang wrote:

AZGrizFan wrote:What the article fails to mention is exactly how MUCH those 16,122 families ARE paying into the system....

And in reading the comments, it appears the "tax cut" is really just a non-continuation of a millionaire's tax that sunsetted....but don't let facts get in the way of a good hangin'...

He raised taxes on over 2.15 million minimum wage earners...

and I'd guess 50% of those minimum wage earners are Republicans and believe that he cut taxes and will vote for him again
You can't make this **** up - it's too funny

Maybe he is making the minimum wage workers pay their "fair share."

AZGrizFan wrote:

Grizalltheway wrote:
"and in reading the comments"...well I'm glad you trust random keyboard warriors so much, Z. I think I'll wait and see what danefan has to say on this one.

and in reading the comments IT APPEARS....

Yeah, I'm sure danefan is the expert on the NJ state budget.

"it appears", followed by "don't let the facts ruin a good hanging".

The guy is a tax attorney who lives in the state, I think I'll take his opinion over yours.

Grizalltheway wrote:

AZGrizFan wrote:
and in reading the comments IT APPEARS....

Yeah, I'm sure danefan is the expert on the NJ state budget.

"it appears", followed by "don't let the facts ruin a good hanging".

The guy is a tax attorney who lives in the state, I think I'll take his opinion over yours.

But he's one of those guys making over $1M so...

Sorry fellas. I moved out of NJ a month ago and no longer spend 3 seconds thinking about Chris Christie or the f'ed up NJ budget.

I still own a house in NJ (unless you know someone that wants to buy a 900 sq ft cape at $344 sq/ft) so I'm sure I'll pay for this somehow in my real estate taxes.

Shit rolls downhill in NJ as much as anywhere else. And it all rolls down into our real estate taxes.

danefan wrote:Sorry fellas. I moved out of NJ a month ago and no longer spend 3 seconds thinking about Chris Christie or the f'ed up NJ budget.

I still own a house in NJ (unless you know someone that wants to buy a 900 sq ft cape at $344 sq/ft) so I'm sure I'll pay for this somehow in my real estate taxes.

Shit rolls downhill in NJ as much as anywhere else. And it all rolls down into our real estate taxes.

There you go, GATW. Danefan has punted. Guess you're gonna have to trust me on this.

Well fuck!

Grizalltheway wrote:Well fuck!

If you make minimum wage you do not pay income taxes with the available credits.

CID1990 wrote:If you make minimum wage you do not pay income taxes with the available credits.

So you have the New Jersey State tax code on hand..?
and the Tax accountant who wrote the article doesn't know

Chizzang wrote:

CID1990 wrote:If you make minimum wage you do not pay income taxes with the available credits.

So you have the New Jersey State tax code on hand..?
and the Tax accountant who wrote the article doesn't know

You mean that there is actually a state out there that does not follow the Federal exemption?

CID1990 wrote:

Chizzang wrote:
So you have the New Jersey State tax code on hand..?
and the Tax accountant who wrote the article doesn't know

You mean that there is actually a state out there that does not follow the Federal exemption?

NJ is decoupled from the Federal Income Tax code.

No standard deduction.
No itemized deductions (e.g. no mortgage interest deduction)
No federal exemptions.

You get $1000 as a standard exemption for each of yourself, spouse (including domestic partners) and dependents.

You do, however, get a credit for other state taxes paid (i.e., NY) unlike some other states like Connecticut.

danefan wrote:

CID1990 wrote:
You mean that there is actually a state out there that does not follow the Federal exemption?

NJ is decoupled from the Federal Income Tax code.

No standard deduction.
No itemized deductions (e.g. no mortgage interest deduction)
No federal exemptions.

You get $1000 as a standard exemption for each of yourself, spouse (including domestic partners) and dependents.

You do, however, get a credit for other state taxes paid (i.e., NY) unlike some other states like Connecticut.

Being very liberal with the numbers here. If you make minimum wage in NJ, you make 15,080 with no overtime, and that assumes you work 52 x 40 hour weeks. At that level, your annual tax is 196 with the 1000 dollar exemption.

NJ just voted to raise the minimum wage which using the same math will bring the annual tax to 210 dollars.

So I stand corrected, NJ residents who make minimum wage pay state income taxes of 196 dollars in 2011. That is without calculating any adjustments or credits.

What a shame that Gov Christie is doubling those peoples' out of pocket with nary a political consequence. I wonder how Christie is convincing those poor dumb minimum wagers that the check they will cut this year is not twice as big as last year's?

CID1990 wrote:

danefan wrote:
NJ is decoupled from the Federal Income Tax code.

No standard deduction.
No itemized deductions (e.g. no mortgage interest deduction)
No federal exemptions.

You get $1000 as a standard exemption for each of yourself, spouse (including domestic partners) and dependents.

You do, however, get a credit for other state taxes paid (i.e., NY) unlike some other states like Connecticut.

Being very liberal with the numbers here. If you make minimum wage in NJ, you make 15,080 with no overtime, and that assumes you work 52 x 40 hour weeks. At that level, your annual tax is 196 with the 1000 dollar exemption.

NJ just voted to raise the minimum wage which using the same math will bring the annual tax to 210 dollars.

So I stand corrected, NJ residents who make minimum wage pay state income taxes of 196 dollars in 2011. That is without calculating any adjustments or credits.

What a shame that Gov Christie is doubling those peoples' out of pocket with nary a political consequence. I wonder how Christie is convincing those poor dumb minimum wagers that the check they will cut this year is not twice as big as last year's?

So you see...
He RAISED taxes on the poorest segment of society
and LOWERED taxes on the wealthiest segment of society

and you're okay with that to the point you're defending the maneuver wow... okay
In my world it's a DICK MOVE no matter how you spin it - and I actually LIKE Christie
but that is just shameful and he sells it as "lowering Taxes"

Chizzang wrote:

CID1990 wrote:
Being very liberal with the numbers here. If you make minimum wage in NJ, you make 15,080 with no overtime, and that assumes you work 52 x 40 hour weeks. At that level, your annual tax is 196 with the 1000 dollar exemption.

NJ just voted to raise the minimum wage which using the same math will bring the annual tax to 210 dollars.

So I stand corrected, NJ residents who make minimum wage pay state income taxes of 196 dollars in 2011. That is without calculating any adjustments or credits.

What a shame that Gov Christie is doubling those peoples' out of pocket with nary a political consequence. I wonder how Christie is convincing those poor dumb minimum wagers that the check they will cut this year is not twice as big as last year's?

So you see...
He RAISED taxes on the poorest segment of society
and LOWERED taxes on the wealthiest segment of society

and you're okay with that to the point you're defending the maneuver wow... okay
In my world it's a DICK MOVE no matter how you spin it - and I actually LIKE Christie
but that is just shameful and he sells it as "lowering Taxes"

Cid's a conk...it's his sworn duty to demonize the poor and idolize the rich...haven't you been paying attention?

Chizzang wrote:

CID1990 wrote:
Being very liberal with the numbers here. If you make minimum wage in NJ, you make 15,080 with no overtime, and that assumes you work 52 x 40 hour weeks. At that level, your annual tax is 196 with the 1000 dollar exemption.

NJ just voted to raise the minimum wage which using the same math will bring the annual tax to 210 dollars.

So I stand corrected, NJ residents who make minimum wage pay state income taxes of 196 dollars in 2011. That is without calculating any adjustments or credits.

What a shame that Gov Christie is doubling those peoples' out of pocket with nary a political consequence. I wonder how Christie is convincing those poor dumb minimum wagers that the check they will cut this year is not twice as big as last year's?

So you see...
He RAISED taxes on the poorest segment of society
and LOWERED taxes on the wealthiest segment of society

and you're okay with that to the point you're defending the maneuver wow... okay
In my world it's a DICK MOVE no matter how you spin it - and I actually LIKE Christie
but that is just shameful and he sells it as "lowering Taxes"

Way to waste him, Cleets.

Conks

Grizalltheway wrote:
Cid's a conk...it's his sworn duty to demonize the poor and idolize the rich...haven't you been paying attention?

I'm still in denial about that I guess

Chizzang wrote:

CID1990 wrote:
Being very liberal with the numbers here. If you make minimum wage in NJ, you make 15,080 with no overtime, and that assumes you work 52 x 40 hour weeks. At that level, your annual tax is 196 with the 1000 dollar exemption.

NJ just voted to raise the minimum wage which using the same math will bring the annual tax to 210 dollars.

So I stand corrected, NJ residents who make minimum wage pay state income taxes of 196 dollars in 2011. That is without calculating any adjustments or credits.

What a shame that Gov Christie is doubling those peoples' out of pocket with nary a political consequence. I wonder how Christie is convincing those poor dumb minimum wagers that the check they will cut this year is not twice as big as last year's?

So you see...
He RAISED taxes on the poorest segment of society
and LOWERED taxes on the wealthiest segment of society

and you're okay with that to the point you're defending the maneuver wow... okay
In my world it's a DICK MOVE no matter how you spin it - and I actually LIKE Christie
but that is just shameful and he sells it as "lowering Taxes"

I fail to see how he gets away with taking someone who, at most, was paying less than 200 bucks a year, and then suddenly has them paying almost 500 (you said he raised them by 300 bucks for a minimum wage earner).

If this is truly the case, then yeah, it's despicable. BUT the numbers alone make me very skeptical. Makes my BS meter go up. Lookit, I'm conservative as hell but that doesn't mean the GOP gets a free pass from me. If I wanted to just rubber stamp them with hyperbole like Houndawg likes to do with the left then I wouldn't have pulled up the tax tables and my abacus.

If this isn't an exaggeration and Christie really raised their base tax rate by more than 150 percent (which is what is being alleged) then if they dont vote his a$$ out... well then I think they deserve getting it up the greasy starfish if they are that damn disconnected. Hell they don't even need voter ID in NJ. All they need to do is go down to the local Dem party office, get registered as 20 different dead people and then vote their a$$es off.

I'm not buying it, and sh1t you should dig a little further too Cleets. Surprised at you, boy.