It was first started many years ago and it has started again in the midst of the worst economic crisis this country has seen since the depression of 1930s. There are too many towns and municipalities in the state of New Jersey and that is one of the reasons why we have the highest average property taxes in the country. We already have a budget deficit of more than $ 9 billion which is not going to go away if we keep on spending. The teacher’s union is stating that with the new cuts in education spending, the schools will be devastated. But there solution of soak the rich is no solution. How long do you think or how much do you think you can tax the rich. Ultimately you have to generate revenues beyond taxing individuals. To be sure the rich are also hurting but not that much but if you tax them too much they will hurt like most of us.
The so called small town feel in New Jersey has gotten out of control. We have in our small state, 566 municipalities and 600 school districts. We have towns with population of less than 100 who have a mayor and other town essentials. It is good that we have a small town feel but in these times, we need to eliminate some towns and share services with small towns, so that property taxes and other taxes can come down. Americans know a great deal about economics, so what happened to economics of scale.
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