Dan Cirucci: Christie Balances Budget, Proposes New Tax Cuts

Monday, February 27, 2012

Christie Balances Budget, Proposes New Tax Cuts

Tax Relief For All New Jerseyans

After Two Years Of Bold, Bipartisan Action To Put The State’s Fiscal House In Order, Governor Christie Is Proposing Sweeping Tax Relief For All New Jersey Families

“This will send a loud signal to New Jerseyans and would-be New Jerseyans, to families here now and families who have left, to businesses and job creators thinking of coming here and those who have struggled to stay: New Jersey is once again a place to plan your future, raise your family, grow your business and someday retire. The New Jersey comeback has begun.”

– Governor Chris Christie, State Of The State Address, January 17, 2012

GOVERNOR CHRISTIE IS PROPOSING A 10 PERCENT TAX CUT ACROSS THE BOARD AND INCREASING THE EARNED INCOME TAX CREDIT

Governor Christie Is Proposing A 10 Percent Cut In Every Income Tax Bracket, Providing Direct Relief For Struggling Families And Small Businesses.

· Beginning In January 2013, The Cut Will Be Phased In Over Three Years.

· The New Tax Rates Will Make New Jersey More Competitive, And Lift The Burden On Small Businesses And Entrepreneurship.

· Governor Christie: “In my budget, I will fulfill a promise I made to all the people of New Jersey in 2009. Real relief from the heavy income tax burden that has strangled our families and forced many to move away. I propose to reduce income tax rates for each and every New Jerseyan. In every tax bracket. By 10% across the board.”

Governor Christie Is Also Proposing Increasing The Earned Income Tax Credit To 25 Percent Of The Federal Tax Credit.

· The State EITC Will Be Increased From 20% To 25% Of The Federal Earning Income Benefit, Making It One Of The Most Generous Programs In The Country.

· The State Funding Commitment Of Approximately $280 Million Annually Will Mean The Average Eligible Family Will Receive A $550 Annual Benefit Once Fully Phased In.

· Governor Christie: “In 2010, our disastrous budget situation forced us to trim the earned income tax credit. With this budget, I propose to increase it, from 20% to 25% over the next two years. With my proposed increase, New Jersey will have one of the most generous state tax programs for the working poor in the nation – with an average annual benefit of 550 dollars.”

OPPRESSIVE TAXES HAVE LONG STRANGLED NEW JERSEY FAMILIES AND BUSINESSES

As Of 2009, New Jerseyans Had Faced The Worst State-Local Tax Burden For Three Consecutive Years. (“New Jersey's State And Local Tax Burden, 1977-2009,” The Tax Foundation, 2/23/11)

By The Time Governor Christie Took Office, New Jersey Had Been Ranked As The Worst State Business Tax Climate For Four Consecutive Years. (“State Business Tax Climate Index Rankings, 2006 - 2011,” The Tax Foundation, 10/26/10)

By 2009, New Jersey’s Highest In The Nation Property Taxes Had Increased More Than 70 Percent Since 1999. (Claire Heininger & Chris Megerian, “N.J. Property Taxes Climb 70 Percent In 11 Years, Remain Highest In U.S.,” Star Ledger, 2/26/10)

According To An October Rutgers/Eagleton Poll, 25 Percent Of New Jerseyans Named Taxes As The Most Important Problem Facing The State, Behind Only Unemployment, 27 Percent. (Matt Friedman, “Poll: Unemployment And Taxes Top List Of N.J. Residents' Concerns,” Star-Ledger, 10/25/11)

GOVERNOR CHRISTIE’S PROPOSAL BUILDS ON RECORD OF BRINGING REAL TAX RELIEF TO NEW JERSEYANS

In July 2010, Governor Christie Signed A 2 Percent Hard Cap On Property Taxes, Cutting Out Loopholes And Putting Control Back In The Hands Of Property Taxpayers. (Claire Heininger, “N.J. Gov. Christie Signs 2 Percent Property Tax Cap Bill,” Star Ledger, 7/13/10; Megan DeMarco & Eric Sagara, “Did N.J. Property Tax Reform Help Most Taxpayers?” Star Ledger, 1/8/12)

· New Jersey Homeowners Saw An Average Rise Of 1.7 Percent In Effective Property Taxes In 2011, “The Smallest Increase In Nearly Two Decades” (“The Governor’s FY 2013 Budget: Budget Summary,” Office Of Management And Budget, 2/21/12; Megan DeMarco & Eric Sagara, “Did N.J. Property Tax Reform Help Most Taxpayers?” Star Ledger, 1/8/12)

· Star-Ledger: “At Long Last, Tax Relief”

Governor Christie In His FY 2012 Budget Provided $180 Million In Targeted Tax Cuts For Small Businesses In New Jersey To Spur Job Growth And Increase Business Investment And Expansion.

· In January 2012, Governor Christie Signed Legislation Creating The GrowNJ Assistance Program Which Will Provide Over $200 Million In Tax Incentives To Encourage Business Investment And Expansion In New Jersey.

Governor Christie’s Sweeping Bipartisan Pension And Benefits Reform Will Save New Jersey Taxpayers $120 Billion Over The Next 30 Years. (Governor Chris Christie, “Governor Christie Signs Into Law Bold, Bipartisan Pension and Health Benefits Reform,” Press Release, 6/28/11)

· Pension And Benefits Reform Will Save New Jersey’s Property Taxpayers And Local Governments $267 Million In Fiscal Year 2012 Alone. (“Governor Chris Christie's Landmark Pension Reforms Deliver $267 Million in Property Tax Relief to New Jerseyans This Year,” Press Release, 10/5/11)

In His First Six Months In Office, Governor Christie Closed A Combined $13 Billion In Deficits Without Raising Taxes. (“Governor Christie Signs Historic FY2011 Budget Closing $11 Billion Shortfall Without Raising Taxes,” Press Release, 6/29/10)

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About Dan Cirucci

He's been cited by the late Rush Limbaugh, quoted in the New York Times, featured at Real Clear Politics and Lucianne.com and interviewed across all media.

He's Dan Cirucci, the founder and editor-in chief of the Dan Cirucci Blog, a Save Jersey blog columnist, frequent guest on the Matt Rooney radio show and one of the most widely honored public relations professionals in his field. He's also been a public relations consultant to numerous organizations and individuals and hosted The Advocates on RVN-TV.

Inducted into the Philadelphia Public Relations Hall of Fame, for many years he served as a Lecturer in Corporate Communication at Penn State University. A former President of the Philadelphia Public Relations Association (PPRA) he has lectured at Rowan University, Temple University, The College of New Jersey and Arcadia University. He has conducted workshops on public relations for thousands of participants throughout the nation and has taught countless others the art of public speaking. He has also advised numerous lawyers, judges, public officials and political candidates.

Cirucci is a prolific writer and his op-ed pieces have appeared in the Philadelphia Daily News, Philadelphia Inquirer, Courier-Post, Broad and Liberty and other print and online platforms.

A native of Camden NJ, Cirucci is a former President of the Philadelphia chapter of the International Association of Business Communicators. Cirucci served as Associate Executive Director of the Philadelphia Bar Association for nearly 30 years. He served as Chair of Penn State University's Professional Advisory Board for the Corporate Communication major at Penn State Abington and on the Pennsylvania Bar Association's Judicial Selection Commission.

He received his MA degree from Rowan University and his BA from Villanova University. He has been named a Distinguished Alumnus of Rowan's public relations program and received the E. A. "Wally" Richter Leadership Award, the highest honor from the National Association of Bar Executives' Communications Section. He has also been honored by numerous other local, state and national groups.

In his hometown of Camden, Cirucci taught fifth grade at the Ulysses Wiggins Elementary School named for the founder of the Camden NAACP. There he was one of the first teachers in the country to teach African-American history to inner city students. He later served as editor of a local weekly newspaper, as Assistant to the Township Manager of Cherry Hill Township and as Associate Director of Communications at the New Jersey State Bar Association.

Cirucci's passions include all things Italian, politics, the popular culture, books and authors, art, communication, music, theatre, movies, dining and travel.

He and his wife Carole have two grown children and seven grandchildren.

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