Fair Property Taxes for All New Jersey held its inaugural tax policy luncheon in Trenton Wednesday.
“The most disconcerting issues facing New Jerseyans are our increasingly heavy financial burdens associated with property taxes and a general lack of affordability,” said Sarah Neibart, the group’s founder and president. “Time and again, it is something that we hear from residents as to how greatly their lives are impacted.”
The group hosted a number of eminent New Jersey politicos, including Assembly Majority Leader Lou Greenwald and Assemblyman Anthony Bucco.
“[The] federal tax reforms have only exasperated the situation. And while we’ve worked on good public policy, including a 2% property tax cap and restoring the homestead rebate program, this has only slowed down the rate of increase,” Greenwald said. “Now more than ever, we need to take bold action and enact sweeping tax reform if we’re ever going to get off the addiction of property taxes and provide meaningful relief to New Jersey families.”