Property Tax In New Jersey Free Essay, Term Paper and Book Report
New Jersey has the highest property in all of America. Climbing on average by over 50% for the middle class , nowhere near the average pay increases. The average property owner in the state paying about $6,000 dollars a year, which is double the nations average property tax cost. The burden is blamed on a number of factors, including New Jersey's inordinately heavy reliance on property taxes. Property taxes are used to cover most county, municipal and school operations. They account for about 50 percent of taxes collected in the state, compared with a national average of about 30 percent. Many also put the blame on the way many of New Jersey's 566 cities and towns want to having their own schools, police departments, public works crews and the like, instead of consolidating services with those of other communities to reduce costs.
New Jersey is also a state that has had a very poorly balanced budget till now. Last summers government shutdown was the biggest indicator of this. The shutdown last summer was the first time the Government of New Jersey has ever shutdown. The reason for......
Word Count: 2672
Page Count: 10.6 (250 words a page / double spaced)
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