The tax-happy Governor is ready to slap an additional $1.00 per week onto the disability insurance deduction that workers pay. If only one-third of the workers take advantage of the 10 weeks paid leave it will not take long to bankrupt the fund. All this for a state that is already drowning in a sea of red ink. And speaking of that red ink, Corzine says he’s prepared to stake his political future on a loony plan to tackle the state’s $32 billion dollar debt by forming a non-profit agency that would manage toll roads and issue bonds to generate cash for the state. The plan is called monetization but the fancy title simply means higher tolls. How much higher? At least 150 percent higher on state toll roads.
Reality bites. But somehow New Jersey's "I know better" Governor never feels the sting.
Dollar sign art print: Andy Warhol