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**Uzezqelj** · 06-22-2012, 04:57 AM

It's risky, no doubt. I'm guessing he is betting on an income tax cut providing some stimulus since people will get to keep more of their paychecks. It might help, but New Jersey residents are already taxed out the ass. Leaving them high is not going to fix the problem either, so what the hell.

The issue is the bonding to pay for the tax cut. I'd have no problem if he cut spending to pay for it but borrowing money just kicks the can down the road and we have to pay interest to boot.

06-22-2012, 04:57 AM	#7
Uzezqelj Join Date Oct 2005 Posts 585 Senior Member	It's risky, no doubt. I'm guessing he is betting on an income tax cut providing some stimulus since people will get to keep more of their paychecks. It might help, but New Jersey residents are already taxed out the ass. Leaving them high is not going to fix the problem either, so what the hell. The issue is the bonding to pay for the tax cut. I'd have no problem if he cut spending to pay for it but borrowing money just kicks the can down the road and we have to pay interest to boot.
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