Christopher John Stracco


Articles:

  • Sunday, April 1, 2007
    With much fanfare, New Jersey's legislature passed property tax reform legislation earlier this year. The nature of the "reform" is that the state will spend $2.2 billion to provide property tax credits of up to 20% for homeowners, but homeowners earning more than $250,000 get nothing. The amount of the annual credit is estimated to be between approximately...
  • Sunday, October 1, 2006
    Editor: Mr. Stracco, you have spoken and written about the real property tax situation in New Jersey at some length. For starters, why has the problem gotten to be of this magnitude? Stracco: The first point is that property taxes are by nature regressive. The taxpayer is charged without regard to his or her ability to pay. For example, if you are...
  • Tuesday, August 1, 2006
    The Governor addressed a joint session of the state legislature on July 28, 2006 in order to inaugurate a special legislative session on cutting New Jersey's draconian property tax. Several legislative committees were charged with dealing with the seminal issues which will come to the fore during the session, namely, school spending, costs of public...