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Governor James McGreevey
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For Release:
Immediate
October 11, 2001

Schundler Pledges Property Tax Relief For ALL New Jersey Veterans
GOP nominee calls for 150,000 non-combat veterans to be eligible for State property tax credit

(TRENTON, OCTOBER 11) - Republican gubernatorial nominee Bret Schundler, in the wake of a decisive victory in last night’s televised debate, campaigned today with Assemblyman Nick Asselta, Vice-Chairman of the Assembly Committee which oversees Veterans and Military Affairs, and key leaders of New Jersey’s veterans community.

Schundler, in the shadow of the Trenton War Memorial, announced his support for legislation that would provide expanded property tax benefits for veterans.

“New Jersey non-combat veterans deserve property tax relief. Under the current law, over 150,000 New Jersey veterans -- men and women who served their country with honor and dignity -- do not qualify for the State’s veterans’ property tax credit of $250. That’s wrong. A veteran is a veteran -- pure and simple. If you served your nation in the military, you are by definition a veteran, and you should be entitled to this benefit.”

Schundler estimated that expanding the eligibility of the state property tax deduction to all veterans, as opposed to continuing to limit the benefit to combat veterans, would cost the State less than $25 million per year.

“This is not just about property tax relief. This is about showing respect for the men and women who have served our nation and our state,” Schundler said.

Schundler’s latest tax cut proposal was announced on the heels of the first televised debate between the former Jersey City mayor and his opponent Jim McGreevey, where taxes dominated the issue agenda.

“I have made specific proposals to cut property taxes for seniors, to cut capital gains taxes for businesses that relocate to our cities, to provide New Jersey parents with a $500 tax credit to help pay for the out-of-pocket expenses of their children’s education -- including, for example, after-school tutoring, the purchase of a home computer, or tuition costs. These proposals are affordable, and they will help keep our economy strong.

“I said ‘NO’ to the special interests in Jersey City, and as a result, property taxes are stable, property values are rising, the streets are safer, and thousands of new jobs have relocated to my city. We can do the same thing in Trenton, but we must have the courage to say ‘NO’ to Trenton lobbyists so that we can afford to provide New Jersey families with meaningful tax relief,” Schundler said.

Schundler also pledged that if elected Governor, he would lobby the federal government for the establishment of a veterans’ hospital in South Jersey. Currently, many South Jersey veterans have to travel for hours and across state lines to Pennsylvania and Delaware to receive medical treatment.

“South Jersey veterans need improved access to health care. They shouldn’t have to cross state lines to see a doctor,” Schundler said.


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