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Sunday, August 08, 2010

Celebrating Chris Christie: "The Scourge of Trenton"

From National Review:

It was supposed to have been the biggest fight of Chris Christie’s young administration: a May showdown over what Democrats in Trenton were calling the “millionaires’ tax,” designed, like each of the 115 statewide tax increases of the last decade, to paper over a small part of a yawning structural deficit by soaking the rich, one last time. Never mind that half the filings and a third of the revenue from the tax were to come from New Jersey’s business community, already battered by a perfect storm of overtaxation, capital flight, and recession. The Democrats were loaded for bear, and had the legislative majorities in place to pass the measure, having spent all winter threatening a government shutdown should Christie use his veto pen.

Democratic senate president Stephen Sweeney had even admonished, in a turn of phrase eminently Trentonian in its sheer backwardness, that “to give up $1 billion to the wealthy during this crisis is just wrong.” He promised that the millionaires’ tax was where the Democrats would “make our stand.”

The tax passed on party-line votes in the assembly and senate on May 20. Sweeney then certified the bill and walked it across the statehouse to Christie’s office, where the governor — who had vowed to balance the budget without raising taxes, and who’d developed a bewildering habit of keeping his promises — vetoed it. The whole thing took about two minutes.

“We’ll be back, governor,” Sweeney told Christie on being dispatched with the dead letter.

“All right, we’ll see,” came the reply.

And just like that, the biggest obstacle standing between Christie and the realization of his sea-changing, fiscally conservative first-year agenda was gone.

“We have not found our footing,” Democratic state senator Loretta Weinberg later said, still reeling from the decisive defeat. “I think a lot of people underestimated Chris Christie.”
Read the whole thing.

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