Republican NJ gubernatorial candidates attack each other’s tax plans

EDISON -

With less than two months to go until the New Jersey gubernatorial primary, some Republican candidates have begun to attach each other’s tax plans.

New Jersey has the highest property taxes in the country, so candidates will have to convince New Jersey residents that their plans for state taxes are the best ones.

Lt. Gov. Kim Guadagno says that she will get voters with her “circuit breaker” plan to cut property taxes. She says that her proposal would limit the amount a homeowner pays to school taxes to just 5 percent of their income.

“You will always know how much you're going to pay and that you'll never pay more than 5 percent of whatever your income is for your property taxes,” she says. “It’s immediate tax relief for people who need it the most in New Jersey. No one else has a plan like that.”

Guadagno says that the plan would benefit more than a million New Jersey residents. But it would also cost the state $1.5 billion. She says that the money could be made up with increased revenue and savings through audits of state government and school districts.

“We know that if we audit some of these school districts we will find savings no matter what,” she says.

But Guadagno’s closest Republican challenger, Assemblyman Jack Ciatarelli, says that the plan isn’t feasible.

“I think it’s disappointing, if not embarrassing. You think someone with seven-plus years on the job would have given more thought to this,” Ciatarelli says.

He says that he wants to reform property taxes by changing the school funding formula. 

Ciatarelli says that he is also proposing a deal with New York Gov. Andrew Cuomo to pay for transportation projects in exchange for the income taxes of the 200,000 New Jersey residents who work in New York.

“I think there’s a fair deal to be had but more than anything I’m tired of New Jersey getting the short end of the stick,” Ciatarelli says.

Ciatarelli and Guadagno are two of five candidates running for the Republican nomination. The others are Ocean County businessman Joseph Rullo, Nutley Commissioner Steve Rogers and Atlantic City engineer Hirsh Singh.

The primary is June 6.

  • PoliticsMore>>

  • Some NJ residents concerned about GOP health care plan

    Some NJ residents concerned about GOP health care plan

    Friday, June 23 2017 10:12 AM EDT2017-06-23 14:12:46 GMT
    Friday, June 23 2017 6:22 PM EDT2017-06-23 22:22:16 GMT

    Senate Majority Leader Mitch McConnell has unwrapped his plan for dismantling President Barack Obama's health care law.

    Senate Majority Leader Mitch McConnell has unwrapped his plan for dismantling President Barack Obama's health care law.

  • Newark mayor launches re-election campaign

    Newark mayor launches re-election campaign

    Thursday, June 22 2017 8:57 PM EDT2017-06-23 00:57:37 GMT

    The mayor of New Jersey’s largest city announced his re-election campaign Thursday.

    The mayor of New Jersey’s largest city announced his re-election campaign Thursday.

  • No tapes: Trump says he didn't record meetings with Comey

    No tapes: Trump says he didn't record meetings with Comey

    Thursday, June 22 2017 1:29 PM EDT2017-06-22 17:29:55 GMT
    Thursday, June 22 2017 6:09 PM EDT2017-06-22 22:09:05 GMT
    (AP Photo/Evan Vucci) President Donald Trump speaks during the "American Leadership in Emerging Technology" event in the East Room of the White House, Thursday, June 22, 2017, in Washington.(AP Photo/Evan Vucci) President Donald Trump speaks during the "American Leadership in Emerging Technology" event in the East Room of the White House, Thursday, June 22, 2017, in Washington.

    President Donald Trump says he "did not make" and doesn't have any recordings of his private conversations with James Comey _ his fired FBI director.

    President Donald Trump says he "did not make" and doesn't have any recordings of his private conversations with James Comey _ his fired FBI director.

sorry to interrupt
your first 5 are free
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please enjoy 5 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 5 view limit
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please login, create an account or subscribe to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."