October 30, 2009
Newt Gingrich Cites New Jersey’s Ranking in Tax Foundation 2010 State Business Tax Climate Index in Syndicated Column
"Newt Gingrich: Wall Street + Daggett = Corzine re-elected"
By Newt Gingrich
If Gov. Jon Corzine wins a second term next Tuesday, New Jersey voters will have two places to thank: Goldman Sachs and Chris Daggett campaign headquarters.
Goldman Sachs is where Corzine made most of the astonishing $24 million he has plowed into his re-election campaign (compared with the $9 million spent by his Republican opponent, former U.S. Attorney Chris Christie).
And Daggett is the third-party candidate who's never been higher then 20 percent in the polls but whose candidacy may very well determine the outcome of the race.
Christie has run a less than perfect campaign, but should Corzine eke out a win, credit must go to his money and to Daggett. Why? For the simple reason that the case against Corzine is so overwhelming.
New Jersey residents have the highest state and local tax burden in the country. They pay the highest property taxes in the country. According to the Tax Foundation, New Jersey has the worst climate for business of any state in the nation. So, not surprisingly, it has the highest unemployment rate in the country.
