Gov. Christie defends proposed tax cut plan - New York News | NYC Breaking News

Gov. Christie defends proposed tax cut plan

Posted: Updated:

LONG BRANCH, N.J. (AP) -- New Jersey Gov. Chris Christie says recent bad economic news in the state makes the need for a tax cut "even more urgent."

Christie said Monday that cutting taxes would make New Jersey more competitive with neighboring states.

The governor and legislative leaders disagree over whether New Jersey can afford to give residents a 10 percent tax break that would be phased in over three years.

Reports last week showed tax collections are $100 million below projections for the first two months of the fiscal year and unemployment was 9.9 percent for August.

  • New Jersey NewsNew Jersey News

  • Sunday, May 19 2013 12:16 AM EDT2013-05-19 04:16:49 GMT
    The winning numbers in a near-historic Powerball jackpot were announced Saturday night.
    The winning numbers in a near-historic Powerball jackpot were announced Saturday night.
  • Saturday, May 18 2013 10:14 PM EDT2013-05-19 02:14:35 GMT
    An airline official says a US Airways flight with 34 people aboard was forced to make a belly landing at Newark International Airport after experiencing landing gear trouble. No injuries were reported.
    An airline official says a US Airways flight with 34 people aboard was forced to make a belly landing at Newark International Airport after experiencing landing gear trouble. No injuries were reported.
  • Saturday, May 18 2013 8:33 PM EDT2013-05-19 00:33:09 GMT
    A 12-year-old boy was shot and killed and his father was wounded on a Jersey City street Friday night. Police say Gywan Levine Jr. and his father, Gywan Levine Sr., were walking on Rutgers Avenue
    A 12-year-old boy was shot and killed and his father was wounded on a Jersey City street Friday night. Police say Gywan Levine Jr. and his father, Gywan Levine Sr., were walking on Rutgers Avenue
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2013 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices