Greenwald: ‘Assembly Plan for Middle-Class Property Tax Relief’

Assembly Majority Leader Lou Greenwald (D-Camden) had the following published in The Record of Bergen County :

:”Gov. Christie’s proposed income tax cut makes for nice headlines and a hefty payday for millionaires but fails to provide meaningful relief to middle-class families. Assembly Democrats, however, have a plan to help struggling middle-class families — a 20 percent property tax relief credit to homeowners of the first $10,000 in property taxes paid for all homeowners earning up to $250,000 per year. Our plan would be phased in over four years, with significant relief to begin immediately…”