New Jersey already has the third highest personal income tax rates in the United States. Yet, Corzine plans to raise income tax rates even higher. Under his plan, New Jersey will be even less attractive for job growth and economic expansion.

Corzine's budget hikes income taxes, payroll taxes, business taxes, cigarette and alcohol taxes:

"The budget would usher in tax increases on cigarettes (12.5 cents to $2.70/pack) and alcohol (25 percent increase, excluding beer), as well as a one-year rate increase of 3/4 of a percent on those earning more than $500,000. It would also extend the 4 percent corporate business tax surcharge that was set to expire and increase payroll taxes on employers."

-- Philadelphia Business Journal, March 10, 2009

Corzine's tax hikes are nothing new. In good times and bad, New Jersey consistently leads the nation in one area – and by a large margin: tax increases.

New Jersey has led all states in tax increases by a large margin. According to the ATR, the state’s government has increased taxes on each resident by $2,601 since 2002, for a total of over $22 billion in tax hikes, the highest in the nation. The Center for Fiscal Accountability states that New Jersey taxpayers spend 211 days a year working just to cover the cost of government — the second highest burden nationally.

-- The Philadelphia Bulletin, March 17, 2009