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1
Tax Reform and Budget Solutions
 
2
Tax/Budget Principles
Make New Jersey’s tax systemcompetitive
End overreliance on property taxes
Rein in public sector salary,pension and benefit costs
Reduce unfunded pension andhealth care liabilities and long-termdebt
Invest in job growth
Fight for fair share of federalrevenue
 
3
A Tax System Out of Whack
PropertyTaxes$23.7 BillionSales Taxes$8.1 BillionIncomeTaxes$11.7 Billion
Corporate Tax$2.7 Billion
$22.5 Billion
 

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