New Jersey Public Question One (2007)
From Ballotpedia
Would amend the state constitution to dedicate 1% of sales tax revenue each year for property tax reform.
- Yes: 562,779 (47%)
- No: 635,260 (53%)
A Taxpayer's Perspective from the National Taxpayers Union
Public Question 1 would earmark the proceeds from the equivalent of 1 percentage-point of the 7 percent state sales tax for property tax relief.
Experts differ on the effect of this tax shift. Aside from the fact that the measure is not a net tax cut, some question whether the stated intention of providing property tax relief would be properly fulfilled.
