Thursday, November 4, 2010

Amazed, the populace that rites attend,

Believe whate'er they cannot comprehend


Here in New Jersey, in addition to the fun of voting for representatives, we were asked on Tuesday to approve or deny a state constitutional amendment:

STATE QUESTION NO. 1

Constitutional Amendment to Dedicate Assessments on Wages by the State to the Payment of Employee Benefits

Shall the amendment to Article VIII, Section II of the State Constitution, agreed to by the legislature, which: prohibits collection by the State of assessments based solely on employee wages and salaries for any purpose other than providing employee benefits; dedicates all employer and employee contributions collected for any employee benefit fund, and all returns on investments of those contributions, to the purpose of that fund; and prohibits any transferring, borrowing, appropriating or using of those contributions or returns for any other purpose, be approved?

Interpretive Statement
This proposed constitutional amendment prohibits the collection by the state of assessments based on employee wages and salaries for any purpose except paying employee benefits (or making other employee-authorized or federally required payments, in the case of the State's own employees), dedicates all contributions made to the unemployment compensation fund, the State disability benefits fund, or any other employee benefit fund, and all returns on investments of those contributions, to the purpose of that fund, and prohibits the use of those contributions or returns for any other purpose. The requirements of this proposed amendment do not apply to the gross income tax, which is exclusively dedicated by the Constitution to the purpose of reducing or offsetting local property taxes.


You'll be happy to know it passed 80% - 20%.

4 comments:

  1. Did you see my tweet on the subject?

    ReplyDelete
  2. Afraid I missed it; and unless it's from before mid October, I'm still missing it. :)

    ReplyDelete
  3. On the subject of politicians, I'm Confucian - the upright man needs no law but his own, and the crooked man will follow no law but his own

    ReplyDelete