To the Editor:
On July 3, 2010 Gov. Christie reached a bipartisan consensus with legislative leaders to provide long-awaited property tax relief for beleaguered New Jerseyans. They called it a hard cap of 2 percent.
Any waivers from this cap would have to be granted by a vote of the people, not thebureaucratsof a local board. An override referendum would have to be approved by a simple majority of the voters. What seemed to be the answer to New Jersey’s runaway real estate tax problem was short lived.
May 22, 2019
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