Rush Holt's new web ad puts a harsh spotlight on his opponent, hedge fund manager and venture capitalist Scott Sipprelle. It features my favorite factoid about the GOP candidate, that after he got a seat on his local property tax board, his property taxes went down by 20% even as his Princeton Borough house soared from $1.853 million in value to $3.168 million. See, among his responsibilities was a map of Princeton Borough that assigned homes into zones of comparable values. Sipprelle's home wasn't drawn into the same zone as most of the other houses on his street; it was tucked into the zone of lower-valued houses, owing less in property taxes - his went down, from More than $79,000 to just over $64,000. Most people in Princeton saw their property taxes rise. Here's the ad:
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