Tax Information And Guide

Tax Software After years of unsuccessfully pursuing a constitutional convention on property tax reform, a coalition of proponents tried a new tactic Thursday -- focusing on development. Relying on property taxes as the primary means of funding local and county governments along with schools causes communities to go searching for new money, according to those who want to call the convention.

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Software Tax Legislation is pending in both houses of the Legislature to call a statewide constitutional convention to overhaul the real estate tax in New Jersey.

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Every Landlord Tax Deduction One proposal will be the subject of a hearing next week by the Senate judiciary committee.

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Tax Help "People don't realize that not only does the property tax drive development into our rural areas, but it makes it impossible to redevelop our cities," said Jeff Tittel, executive director of the New Jersey Sierra Club.

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Help Tax Reform advocates contend statewide homeowners pay about $14 billion annually to fund government, $7 billion of which goes toward schools. The state's current structure forces towns to look toward development to boost local coffers, a group of about 10 proponents of a convention said Thursday at a Statehouse news conference.

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Ernst Ernst Guide Guide Tax Often municipalities try to attract businesses to raise their tax base without increased school enrollment. Candace Ashman of the League of Women Voters said there is a hole in that theory.

Tax Return "The commercial (taxable properties) pay off in the first few years. Then the people who work there need housing and that leads to strip malls," Ashman said. "It eats up open spaces."

Return Tax By linking high property taxes to the "ratable chase," the groups are attacking two long-running issues in the Garden State, both taxes and sprawl.

Guide Guide Master Master Tax "For too long we've seen the problem studied by special commissions, and then those reports have gathered dust on shelves. This is an issue that deserves attention," said William Dressel, executive director of the New Jersey League of Municipalities. "It's an initiative whose time has come."

Tax Preparation Two bills -- one sponsored by Assemblyman George Geist, R-Gloucester, and Sen. Leonard Lance, R-Warren/Hunterdon -- are pending in the Senate and Assembly. If the two houses approve the bills, a referendum would be placed on the November ballot asking voters to approve creating the convention.

Preparation Tax The convention then would consist of delegates elected by citizens and would offer suggestions on how to reform the tax system.

Employer Tax Guide "This is important," Tittel said. "I think our political leadership is too weak. The only way to make this happen is to have a convention. I don't think by itself the Legislature has the backbone to do it."

Tax Services In the past, Geist has cited a "Trenton tradition of inaction" in grappling with property tax reform. Geist could not be reached for comment Thursday.

Services Tax Former state Sen. Bill Schluter, who represented Hunterdon and Warren counties in both the Senate and Assembly, said the convention, while unusual, is warranted.

Master Tax Guide "How did this country get started? It started in 1787 with a constitutional convention," Schluter said. "They did a good job because all were committed ... I envision the same thing at the property tax convention."

Tax Attorney New Jersey's voters ultimately would need to approve any outcome of the convention.

Attorney Tax Possible solutions mentioned have ranged from increasing the income tax to offset reductions in the property tax to a statewide property tax rate.

Guide Law Tax Those pushing for the convention maintain they have no preconceived outcome.

Tax Accountant By Terrence Dopp
The Express-Times - 5/24/2002

Topic: Sprawl

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