Daggett's plan rearranges taxes app.com Asbury Park Press:
"One of the top three candidates for governor came out with details for helping the state's long-beleaguered property taxpayers. Unfortunately, it is a plan to rearrange taxes, not cut spending.
Independent Chris Daggett proposes to expand the state's 7 percent sales tax to personal, professional and household services — ranging from lawyers to haircuts, for instance — and use that new sales tax money to cut property taxes.It would max out at $2,500 so if you pay more than $10,000 you would get less than the 25 percent cut he is promising. All seniors would get $2,500 regardless of their tax bill, he says."
"One of the top three candidates for governor came out with details for helping the state's long-beleaguered property taxpayers. Unfortunately, it is a plan to rearrange taxes, not cut spending.
Independent Chris Daggett proposes to expand the state's 7 percent sales tax to personal, professional and household services — ranging from lawyers to haircuts, for instance — and use that new sales tax money to cut property taxes.It would max out at $2,500 so if you pay more than $10,000 you would get less than the 25 percent cut he is promising. All seniors would get $2,500 regardless of their tax bill, he says."