A letter to the Asbury Park Press:
The writer of the Feb. 14 letter “Reform formula basically unfair” would like people earning more to pay more in taxes. Well, they already do. The top 10 percent of wage earners pay almost 80 percent of all taxes collected, according to recent studies reported in most newspapers.
Everyone should have their property taxes reduced equally. School taxes make up about 75 percent of my property tax bill yet I have no children in the school system. Should I be exempt from this portion of my tax bill? No, I have a social responsibility to help pay for the education of others’ children.
I am in the upper-middle income bracket and would be eligible for a smaller tax credit, if any, than my neighbor, yet we have homes of equal value. He has several children in the school system. And people like the writer want me to pay more because I make more.
My wife and I worked hard to get where we are today and did not move to Monmouth County until we could afford to live here. If it gets to the point where I can no longer afford the taxes here, I will move. That’s what a responsible adult would do, not look for others to pay more so he can live where he cannot afford to live. I can’t afford to live in Rumson or other expensive towns, but I don’t sit and whine that the people who can should pay more in taxes so I can have my taxes artificially lowered.
If you cannot afford the taxes, vote with your feet and move somewhere more tax-friendly than New Jersey.