New Jersey is an important battleground for tax measures this year, with possible implications for other fights across the nation. For this reason, we are sending you a SPECIAL ADVISORY on state and local proposals that deal with taxes and spending.
Special Advisory
A Taxpayer Guide To New Jersey Ballot Measures
2006 New Jersey Ballot Initiatives
On November 7th, voters across the country will decide numerous ballot measures that could have a significant impact on taxpayers. New Jersey is an important battleground for tax measures this year, with possible implications for other fights across the nation. For this reason, we are sending you a SPECIAL ADVISORY on state and local proposals that deal with taxes and spending.
Please take a moment to review the information we've compiled about some of the major initiatives and/or referenda you will see on the New Jersey ballot.
While this is not a comprehensive list of all initiatives, it should provide you with some insight on the key taxpayer issues this election season. This guide is for informational purposes only; it is not intended to provide endorsements or recommendations to voters.
2006 New Jersey Taxpayer-Related Ballot Questions:
- Public Question No.1 would allow voters to dedicate half of the recent 1.0 percentage-point sales tax increase to property tax relief. A special Property Tax Reform Account would be established within the Property Tax Relief Fund. Opponents argue that this measure would legitimize this year's sales tax hike.
- Public Question No. 2 would expand the proportion of corporation business tax revenue that is used for recreation and conservation purposes. This could lead to a decrease of revenue spent on other constitutionally-dedicated sources, or precipitate a future tax increase to cover all demands for revenue.
You can read our national 2006 General Election Ballot Guide by clicking on:
http://ntu.org/Ballot_Guides
We hope this information will be helpful as you prepare to vote on Tuesday, November 7th!
Please share this important alert with your friends and neighbors
National Taxpayers Union
108 N. Alfred St.
Alexandria, VA 22314
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