Christie Reverses Stand on Tax Increases After Storm
Gov. Chris Christie, a Republican who has pushed aggressively for cutting and capping taxes in New Jersey during his three years in office, said Tuesday that people who lived in towns destroyed by Hurricane Sandy were likely to pay higher taxes to help rebuild.
“It’s got to be paid for,” he said. “There’s no magic money tree.”
In a 40-minute news conference in Trenton, Mr. Christie said he expected the federal government to do as much as it had done for victims of Hurricane Katrina on the Gulf Coast to help rebuild New Jersey. And he said that municipalities would be allowed to raise property taxes more than the 2 percent limit that he signed into law in 2010 to cover costs brought on by the storm.
“No one’s ever happy with higher taxes, but the fact is, what annoys people more than anything else is waste,” he said. “As long as they know that the money’s being spent in a way that’s helping to bring their town back to life, I think people will understand it’s got to be done.”
"And in their defense, there are two reasons why coming up with an alternative has proven to be difficult," Obama said. "First, it's because the Affordable Care Act pretty much was their plan before I adopted it!"
~ Barack Hussein Obama - The 44th President of The United States