The Tax Foundation issued its latest report [pdf] of how the states fare in sending tax dollars to the federal government and then getting that money back. It turns out that under the Republican Congress New Jersey has been getting screwed.
- In 1994, the last year of a Democratic Congress, New Jersey got 69 cents on the dollar from the federal government. After ten years of almost unbroken Republican control of Congress, New Jersey is now getting 55 cents on the dollar. That’s a 20 percent drop in relative funding.
Oh, and the 55 cents on the dollar figure is the worst in the nation.
- In 1994, the last year of a Democratic Congress, New Jerseyans paid 133 percent of the national per capita average in federal taxes. Ten years of Republican control of Congress means we pay 144 percent.
- Compounding the insult of forcing us to pay a larger share of federal taxes than most people in other states, the last ten years have seen a precipitous drop in our percentage of the federal budget coming to NJ.
Back in 1994, the per capita spending on New Jersey’s residents was 91 percent of the national average. After ten years of Republican control, we now get 78 percent of the national average.
It’s fair that New Jersey is a donor state, because we are wealthier than most. We were a donor state under a Demcoratic Congress, and we are a donor state under a Republican Congress. But under Republicans we are sending more and getting less than ever before!
Don’t let those Republicans tell you they are reducing our tax burden and helping us to keep more of our money in our pockets.
The fact is that when we used to send money to the federal government we got 20 percent more back than we do today, and that is thanks to a Republican Congress. This results in New Jersey’s income and property taxes rising to pay for roads, schools, environmental controls, port security, etc.
Republicans talk a good game about how we should elect Tom Kean Jr. and Mike Ferguson and the like because they will cut taxes for us, but that is just a smokescreen. We may save a few bucks in the long run, but the commensurate reduction in services is not worth the cost.