Christie aims to lower state income taxes

Gov. Chris Christie said he intends to reduce income taxes within two years to boost the state's economy.Speaking in an interview yesterday on Bloomberg Radio,

EDISON - Gov. Chris Christie said he intends to reduce income taxes within two years to boost the state's economy.

Speaking in an interview yesterday on Bloomberg Radio, Christie said a lower tax rate would help New Jersey compete against neighboring states.

New Jersey has a top income-tax rate of 9 percent, compared with 3 percent in Pennsylvania.

The governor pledged to continue to reduce state spending, and said he is trying to "spread it out as evenly as we possibly can.""There are going to be some worthwhile programs that are cut," Christie said on the radio interview.

For the full Bloomberg News report, click here.

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