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Christie To The 1%: Please Occupy New Jersey


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OB-RO524_winter_DV_20120127184848.jpgThe Wall Street Journal:

Christie to the 1%: Please Occupy New Jersey

 

Now that the governor has controlled state spending, he's pushing tax reform and hoping to steal businesses and residents from neighboring blue states.

 

By JAMES FREEMAN

 

Scissors-32x32.pngGarden State Gov. Chris Christie has a message for the top 1% of income earners: Please occupy New Jersey. "I'm going to start going after a lot of these hedge-fund guys who are in Connecticut and New York and say, 'You're going to get a better deal with us,'" says the country's most important Republican not running for president.

 

Mr. Christie's new tax-reform plan also offers an improved deal to the bottom 99%, which is why he may be able to move it through New Jersey's Democratic legislature: a 10% cut in tax rates across the board.

 

The governor is two years into a four-year term. In 2010, he told the Journal's editorial board that the Garden State represented America's best example of a "failed experiment" in rising taxes and bigger government. As he returns to the Journal for another visit, it's time to check the results of his counter-experiment.

 

Politically, so far so good. A recent Quinnipiac poll gives him a 53% approval rating among the state's registered voters, and Mr. Christie says that private polls show him "in the low 60s."

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