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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.




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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