Christine Todd Whitman is a never Trumper and representative of moderate Republicanism - a long New Jersey tradition. BUT like otherwise she was slave to the anti-tax less government, hostility government demands of the GOP base voters - and others including Democrats who share those sentiments.
The result was that she ran successfully against James Florio by promising a 30% income tax cut. It worked electorally but was a longer term disaster. Jim Florio talks about the experience in a letter to the editor of the Times:
The result was that she ran successfully against James Florio by promising a 30% income tax cut. It worked electorally but was a longer term disaster. Jim Florio talks about the experience in a letter to the editor of the Times:
"Learning from New Jersey's tax folly," by former Gov. Jim Florio in The New York Times: "To the Editor: The people of New Jersey have particular credentials for evaluating President Trump's tax plan. In 1994, a similar regressive tax cut proposal was enacted in our state. The billions of dollars in lost revenue were not offset by program reductions or alternative revenues. The cuts and the resultant lost revenue were financed by a policy of failing to properly fund the New Jersey Pension Fund for the next 23 years, under both Democratic and Republican administrations. The New Jersey Pension Plan is now underfunded in excess of $60 billion. It is anticipated that the current G.O.P. plan will add $1.5 trillion to our national debt. Let's not duplicate New Jersey's folly." Read the report
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