Governor Christie’s Proposed Property Tax Cap Could Significantly Restrain Tax Growth Report Shows

Posted by property | Posted in Real Estate | Posted on 26-05-2010-05-2008

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Governor Christie’s Proposed Property Tax Cap Could Significantly Restrain Tax Growth Report Shows
New Jersey is considering a tax reform called “Cap 2.5,” under which a municipality’s tax levy on existing property could not grow more than 2.5 percent in any year, unless its voters pass a referendum allowing a greater increase.
Read more on Cape May County Herald

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