Yes, you read that right, the Garden State’s unhinged progressive loon of a governor is looking to tax… TAP WATER!
The most densely populated state in the union, with one of the highest property taxes in the nation, is now looking to tax “drinking water”. A substance vital for life has now become a “viable progressive entity” for Democrats in Trenton.
The corrupt legislators within the state capital have run this city, which was once summer oasis with its beautiful beaches and summer rentals, into the ground with one putative tax after another. In fact, New Jersey is now one of the top three progressive states in the country where the middle class is now fleeing the state in droves (the other states being New York and California).
This latest scam comes from State Democrat Bob Smith from Middlesex County, who attempted to call the “tax” for opening your tap a “user fee” to purposely confuse his constituents.
Appearing on “Fox 5’s Chasing New Jersey” Smith began his “dog and pony” show, saying, “It is a user fee based on volume.”
“It would add 10 cents for every 1,000 gallons of water a home uses.”
Smith continued his pitch saying that it would only add $32.00 a year to the “average” water bill.
Smith claims the money is needed to fix a crumbling water delivery infrastructure in the state. However, the state already charges residents a “public utility franchise tax” on water system operators of $0.01 per 1,000 gallons of water.
That tax, which went into effect in 1984, is supposed to “ensure clean drinking water in New Jersey.”
Councilman Peter Brown D-Linden (perhaps the only sane democrat in the state) said, “Let’s call it for what it is… it’s another tax!”
Former Republican Presidential Candidate Matt Rooney weighed in on the egregious tax proposal stating, “Once again, the most over-taxed people out of all 50 states in this country, are being asked to dig a little deeper after Phil Murphy just raised their taxes by nearly $2 billion.”
“Remarkably” the Governor has only been in office 6-months, however, has already purposed raising new taxes by an estimated 1.5 billion dollars, which is in addition to his 37.4 billion dollar budget.
The Democratic governor is also considering raising the states sales tax and singling out millionaires with additional putative taxes for simply being successful and also closing “loopholes” which would extract additional revenue from multi-state businesses and hedge fund managers.
However, even the loony democratically controlled legislator is reluctant to sign on just yet for fear of a backlash among the voters, with their biggest concern being the state’s sale tax which is currently at 6.625%.
Murphy wants to raise it back to 7% after it was dropped last year before he became Governor.
The Governor is also purposing a “Millionaire Tax” targeting wealthy individuals raising the current rate of 8.97% to 10.75% which would bring in about $765 million in additional revenues.
The bureaucrats in Trenton have already estimated that a household income of $2 million, (after deductions and write-offs), will leave an estimated $500,000, at the current tax rate of 8.97% the individual would pay $162,000 in state income tax. With the additional 2% tax rate on income over $1 million, the individual would pay $180,000 in state income tax.
Perhaps the next wave of New Jerseyans to leave the state will be those targeted millionaires, leaving the Garden State’s punitive progressive tax system for a more friendly “tax-free state.” Moreover look for New Jersey under Murphy to become a carbon copy of debt-riddled Chicago.