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The Summer Is Heating Up!

Not only are the temperatures in the northeast near record levels, but so are the property taxes people are paying!  Many of the highest tax areas are in this part of the country and New Jersey is right near the top. 

Their Governor, Chris Christie, is doing what he can to bring these in line with the over-taxed NJ residents by putting together legislation that would limit these increases to no more than two and a half percent without a vote by the people.  For years, NJ has suffered through increases much greater than this on an annual basis.

We, at the Home Tax Guide (www.hometaxguide.com), applaud his efforts and believe other high tax states should follow suit!  The country of Greece is in severe economic trouble as they have continually had their government side with the special interests, ie, unions, and they may have gotten to the point of no return!

The U.S.citizens have to recognize that we can not go down the same road.  With what our states and federal government are doing, it is the equivalent of “rearranging the deck chairs on the Titanic!”  Many of our tax and spend politicians just refuse to look out for the long term interests of our great nation.  Getting elected is their top priority and they do not care about the consequences of their actions.

Any way we, as Americans, can slow down government tax and spend on all levels should be something that is in all of our longterm interests.  As Margaret Thatcher of Great Britain said several years ago, “the trouble with socialism is sooner or later you run out of other people’s money.”  Greece and other European nations  are also teetering due to too much spending and cozy arrangements they have made with their unions for the sake of getting re-elected.  We need to turn our ship around in order to not create a Titanic effect with our nation’s economy!   We still have time but not a lot at this point!

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