Changes

[[Image:Corzine_state_of_the_state.JPG|thumb|right|150px|Gov. Corzine delivering his 2009 State of the State address]] Under Governor Corzine New Jersey was ranked as the worst business climate of any state by the Tax Foundation <ref>http://www.taxfoundation.org/files/bp58-es.pdf</ref>, and overall has the highest tax burden in the nation. Since Corzine took office, property taxes have risen 17%, twice the rate of inflation. <ref>Department

[[Image:Corzine_state_of_the_state.JPG|thumb|right|150px|Gov. Corzine delivering his 2009 State of the State address]] Under Governor Corzine New Jersey was ranked as the worst business climate of any state by the Tax Foundation <ref>http://www.taxfoundation.org/files/bp58-es.pdf</ref>, and overall has the highest tax burden in the nation. Since Corzine took office, property taxes have risen 17%, twice the rate of inflation. <ref>Department

of Community Affairs, Division of Local Government Services Website, www.state.nj.us/dca/lgs/, Accessed

of Community Affairs, Division of Local Government Services Website, www.state.nj.us/dca/lgs/, Accessed

6/4/09</ref> The state budget deficit has increased from $3.6 billion to $10 billion. Foreclosed homes have increased 31%, one of the highest in the nation <ref>http://www.njbiz.com/article.asp?aID=79154</ref>, and the [[unemployment rate]] has risen from 4.8% to 9.7%, higher than any of it's neighboring states. <ref>http://www.christiefornj.com/images/corzinesrecord.pdf</ref> <ref>http://www.nj.com/news/index.ssf/2009/01/nj_unemployment_rate_hits_high.html</ref> In connection with rising jobless claims, Corzine said, "Now the piper is coming home to roost".<ref>http://www.nj.com/news/ledger/topstories/index.ssf/2008/12/surge_in_jobless_claims_taps_o.html</ref>  

6/4/09</ref> The state budget deficit has increased from $3.6 billion to $10 billion. Foreclosed homes have increased 31%, one of the highest in the nation <ref>http://www.njbiz.com/article.asp?aID=79154</ref>, and the [[unemployment rate]] has risen from 4.8% to 9.7%, higher than any of it's neighboring states. <ref>http://www.christiefornj.com/images/corzinesrecord.pdf</ref> <ref>http://www.nj.com/news/index.ssf/2009/01/nj_unemployment_rate_hits_high.html</ref> Corzine defended his economic record, saying "If you want to go to a real low unemployment rate, go to North Dakota." <ref>http://www.njassemblyrepublicans.com/press_release.php?id=986</ref>

In response to the rising deficit Corzine has proposed eliminating New Jersey's property tax rebates, which provides tax relief in the state of New Jersey, which already has the highest property taxes in the nation. <ref>http://www.nj.com/news/index.ssf/2009/02/corzine_may_propose_eliminatin.html</ref> Corzine has already cut $382.5 million from the rebate program in June 2008.

In response to the rising deficit Corzine has proposed eliminating New Jersey's property tax rebates, which provides tax relief in the state of New Jersey, which already has the highest property taxes in the nation. <ref>http://www.nj.com/news/index.ssf/2009/02/corzine_may_propose_eliminatin.html</ref> Corzine has already cut $382.5 million from the rebate program in June 2008.