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Originally Posted by maleficent
we've had our share of winners as governors in the fair state of nj... Anyone remember Christie's promises to get the insurance rates lowered?
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Yea, and State Farm and Allstate vowed to pull out if they did(GEICO DID pull out just under an earlier threat-Kean's, I think- and only recently came back in). Christie wasn't as bad as these last few and infinitely better than Florio. Her property tax rebate beginnings were at least a 'heart-in-the-right-place" move, and McGreevey wanted to cut it out entirely. And I'm not sure if it was the time in general or Christie's leadership, but NJ was at least stable and we as a whole lived a hell of a lot better than now and the past 5 years. Once McGreevey took over, a LOT of industries booked out of here. We lost Revlon, Ford, GMC, parts of Verizon and Johnson and Johnson moved out most of their production, although they kept their homebase.
Should Corzine get his wish and the sales tax goes up, it will backfire on all but big-ticket items-and Delaware, only a two hour drive from central NJ, is a tax-free state.
When the taxes on cigs went up, causing packs to sell for over $6 in most places, internet sales skyrocketed. That's a drop in the bucket compared to what'll happen with this. He's looking for an easy out and this ain't it.