Guadagno Campaign Responds To False Murphy TV Ad

West Long Branch, NJ – After Phil Murphy released his first TV ad of the general election, the Guadagno campaign released the following statement:

"Goldman Sachs Millionaire Phil Murphy's first TV ad shows he's from another planet. While Kim Guadagno has pledged to lower property taxes during her first term or not run for a second, Phil Murphy has promised a $1.3 billion tax increase that New Jersey families can't afford. We already tried the disastrous Murphy tax hike playbook under Jon Corzine, and voters are ready to elect a working mom who will stand up for taxpayers in Trenton." – Ricky Diaz, Guadagno spokesman

Kim Guadagno's plan would lower property taxes for the middle class.

  • Guadagno’s plan would cap school taxes at 5% of household income: "she would slash New Jersey's notoriously high property taxes by up to $3,000 a year for homeowners who pay more than 5 percent of their household income on school taxes." (The Star Ledger, 4/24/2017)
  • Guadagno's plan does not hurt schools: "School districts, Guadagno said, would not lose money under the proposal. Instead, they would receive increased state aid to cover the amount returned to taxpayers." (The Star Ledger, 4/24/2017)
  • Guadagno's plan helps the middle class, not millionaires:"'Millionaires won't benefit at all,' Guadagno said." (The Star Ledger, 4/24/2017)
  • Guadagno will lower property taxes in her first term or not run for a second: "Guadagno: If I don’t lower property taxes as governor, won’t seek second term" (NJ101.5, 6/7/2017)

Phil Murphy's plan would raise taxes on everyone, including on property tax payers.

  • If Elected, Phil Murphy Has Promised To Increase Taxes By At Least $1.3 Billion (Observer NJ, 8/17/2017)
  • According To The Star Ledger, Phil Murphy Supports Raising The Sales Tax And Reinstating The Estate Tax: “The Democratic hopefuls were able to find common ground, especially when it comes to taxes. They support raising taxes on New Jersey's millionaires and agree the state should bring back an estate tax that's in the process of being phased out, as well as restore a recent cut to the state's sales tax.” (The Star Ledger, 5/12/2017)
  • Phil Murphy Has Pledged To Raise Income Taxes By At Least $600 Million (Politico NJ, 9/12/2017)
  • Phil Murphy’s Policies Will Cause Property Taxes To Skyrocket Across New Jersey
    • Phil Murphy has refused to embrace an extension of the interest arbitration cap, which will force property taxes to skyrocket if allowed to expire. (Editorial: Asbury Park Press, 9/1/2017)
    • Asbury Park Press: “Murphy’s arbitration cap copout” (Editorial: Asbury Park Press, 9/1/2017)
    • “Murphy is taking the coward’s way out, ducking for cover behind the task force to avoid saying what he’s likely thinking, that he plans to reward those unions for their support by dumping the cap.” (Editorial: Asbury Park Press, 9/1/2017)
    • “Prior to any cap on property tax increases, average property tax increases statewide reached 7 percent in some years.” (Bergen Record, 8/29/2017)
    • “The arbitration cap, which limits to 2 percent the raises that police officers and firefighters can win once their contract disputes are taken to binding arbitration, was passed with broad bipartisan support in 2010 and extended in 2014.” (Bergen Record, 8/29/2017)
    • “The last annual report found the cap is working” (Editorial: The Star Ledger, 8/27/2017)
    • Phil Murphy does not have a plan to lower property taxes: To date, most of [Murphy's] proposals call for increasing spending... He has said nothing about actually reducing the tax burden... All those proposals will end up costing taxpayers more.” (Editorial: Asbury Park Press, 8/4/2017)
    • Phil Murphy said he will not renew Chapter 78, the bipartisan worker-benefits reform law passed in June of 2011 requiring workers to pay more for their health benefits, causing property taxes to skyrocket across New Jersey as “state and local governments could be forced to once again pick up more of the cost of their employees’ health benefits.” (NJEA9/12/2017; NJ Spotlight, 7/14/2015)
      • Phil Murphy to NJEA: "The notion of Chapter 78, first of all it's not something I ever would have encouraged, signed, and it's something I would never renew, period, full stop.” (NJEA, 9/12/2017)
      • Phil Murphy told the NJEA he opposes privatizing education support professionals (ESPs) like custodial and security personal, restricting a municipality’s ability to constrain costs. (NJEA, 9/12/2017)