ADVERTISEMENT

OT: Property tax relief coming for those over 65

Status
Not open for further replies.
How do you propose to resolve that beyond having the State pay for the entire cost of education?

Teachers now have take home pay basically what they took home in 2011/2012 and there are a significant number of teachers leaving the profession
Are you suggesting it’s impossible? Schools account for 75% of property taxes. There are things that can be done. I have great insight into schools so I see some opportunities to cut costs. Regionalization is another means with little to no effect to teachers. Nothing is impossible in my opinion. There just needs to be desire and leaders willing to try something.
 
  • Like
Reactions: batts
Are you suggesting it’s impossible? Schools account for 75% of property taxes. There are things that can be done. I have great insight into schools so I see some opportunities to cut costs. Regionalization is another means with little to no effect to teachers. Nothing is impossible in my opinion. There just needs to be desire and leaders willing to try something.
Tell the people who live in towns you want to close their schools see how that goes
 
  • Like
Reactions: mdk01
Lol you have no idea about history it seems.
SS is the textbook definition of a Ponzi scheme. However, the gov'ment has the power to tax, so they are Madoff with an unlimited supply of inflow.
 
  • Like
Reactions: RU2131
Are you suggesting it’s impossible? Schools account for 75% of property taxes. There are things that can be done. I have great insight into schools so I see some opportunities to cut costs. Regionalization is another means with little to no effect to teachers. Nothing is impossible in my opinion. There just needs to be desire and leaders willing to try something.
School accounts for 70%'ish in some towns, but not all. It depends on educational aid or if they are a crooked Abbott district.
 
  • Like
Reactions: newell138
I believe the SALT limit is set to expire next year. Hopefully the Dems take the house so they can let this tax increase sunset.
I'm not sure the Democrats would let it sunset. Some Democrats proposed to do away with the SALT limit as part of budget reconciliation last year -- but then other Democrats pointed out that abolishing the SALT limit mostly aids richer taxpayers.
 
Couple of things you didn't consider or got wrong. Yes housing is more expensive. You forgot the interest rate on mortgages back then. Depending on the exact date of comparison anywhere from 3 - 9% higher. And it wasn't the "older fringe" of boomers who dealt with Vietnam. And they, unlike millenials, faced the draft.

College is exponentially more now, and the interest rate is irrelevant when you consider boomers were buying nice homes for 80k then that would push 800k now. The rate of incomes has not risen the same way either.

Baby Boomers are 1946-1964. The born-year for draftees was 1952. So yeah, if the average boomer was born in 1955 they were past the cutoff.


Oh and millennials had to things like sign up to fight unjust wars to get their college paid. And then got to come back and be told they're snowflakes by the bone spurs and sabbatical in Canada generation.
 
  • Like
Reactions: BossNJ
I'm not sure the Democrats would let it sunset. Some Democrats proposed to do away with the SALT limit as part of budget reconciliation last year -- but then other Democrats pointed out that abolishing the SALT limit mostly aids richer taxpayers.

Not really some. Just one, from WV. Since it's sunsetting it can at least be renegotiated to a sensible level.

It is simply outrageous that middle class folks have their tax increased so corporate jet owners could get a break, brought to you by the clowns who understandably can't win the popular vote.
 
Not really some. Just one, from WV. Since it's sunsetting it can at least be renegotiated to a sensible level.

It is simply outrageous that middle class folks have their tax increased so corporate jet owners could get a break, brought to you by the clowns who understandably can't win the popular vote.
Your second paragraph is incorrect, but I'm not going to be lured into a political discussion.
 
Your second paragraph is incorrect, but I'm not going to be lured into a political discussion.

I don't think it's political to point out 80% of NJ residents affected by the law earn less than 216k, and 30% would get a tax cut if it were lifted.

I wouldn't say 216k is rich (albeit certainly not poor) nor that 30% of NJ is rich.

 
My friend, who was a resident of Michigan, said that years back its government decided to lessen the impact on pubic services through regionalization. The government summarily decided which schools and municipal services were to be consolidated without any negotiation or bargaining. There were many unhappy towns, schools, police stations, etc but it substantially reduced taxes. I doubt that our government would have the balls to take on an aggressive regionalization plan.
 
I don't think it's political to point out 80% of NJ residents affected by the law earn less than 216k, and 30% would get a tax cut if it were lifted.

I wouldn't say 216k is rich (albeit certainly not poor) nor that 30% of NJ is rich.

I'll let you lure me. Those 30% are relatively rich compared to everyone else. That's because richer people pay more taxes and therefore benefit more from lifting the SALT ceiling than not-so-rich people do. The lion's share of the benefit would go to the very rich because they pay the most state and local taxes.
 
Last edited:
I'll let you lure me. 30% isn't that much; the other 70% would see a tax increase. And the 30% is richer than the 70%. That's because richer people pay more taxes and therefore benefit more from lifting the SALT ceiling than not-so-rich people do. The lion's share of the benefit would go to the very rich because they pay the most state and local taxes.

Never let facts get in the way of a good rant.
 
Baby Boomers are 1946-1964. The born year for draftees was 1952. So yeah, if the average boomer was born in 1955, they were past the cutoff.


Oh, and millennials had to things like sign up to fight unjust wars to get their college paid. And then got to come back and be told they're snowflakes by the bone spurs and sabbatical in Canada generation.
I didn't ask about the draft, just signing up for Selective Service. And no one has been drafted for decades. So the bolded part just isn't true. It's been all volunteer since the 70's.

Both my boys (now 23 and 20) were asked this on their respective FAFSA applications when they applied for financial aid. They are in the system.
 
Well that does help, unfortunately you will see home insurance premiums in the state rise 25-75% over the next 3 years.
 
Well that does help, unfortunately you will see home insurance premiums in the state rise 25-75% over the next 3 years.
We had another thread on this recently and it seems it’s already happening.
 
Teachers are paid very well, let's not get above ground here
I believe police and teachers deserved to be paid properly and they make a nice living in NJ

I don’t understand people that argue this fact. The numbers are public record. Nephew just hired PD in Middlesex county. Started at 63k and will be at 100k in 3 years before overtime.
My kids teachers in Monmouth county elementary and middle make 72-89k per year with 5-10 years in the system. This is not taking into account additional benefits, health insurance, pension payments etc… which increases total compensation by 30-50%.

Many family members are police and teachers. Many are retiring in the coming years. And they all will do very well in retirement. All will take far more out of the NJ pension system than they paid in if they live to actuarial averages.
 
I believe police and teachers deserved to be paid properly and they make a nice living in NJ

I don’t understand people that argue this fact. The numbers are public record. Nephew just hired PD in Middlesex county. Started at 63k and will be at 100k in 3 years before overtime.
My kids teachers in Monmouth county elementary and middle make 72-89k per year with 5-10 years in the system. This is not taking into account additional benefits, health insurance, pension payments etc… which increases total compensation by 30-50%.

Many family members are police and teachers. Many are retiring in the coming years. And they all will do very well in retirement. All will take far more out of the NJ pension system than they paid in if they live to actuarial averages.


The average Public School Teacher salary in New Jersey is $62,350 as of May 25, 2023, but the range typically falls between $52,068 and $76,039. (Per salary.com) My daughter, with a masters in education from Rutgers is making approximately $60k as an elementary school teacher in Middlesex County (after 6 years of teaching). $62k is peanuts for what they have to deal with.
 
Oc
The average Public School Teacher salary in New Jersey is $62,350 as of May 25, 2023, but the range typically falls between $52,068 and $76,039. (Per salary.com) My daughter, with a masters in education from Rutgers is making approximately $60k as an elementary school teacher in Middlesex County (after 6 years of teaching). $62k is peanuts for what they have to deal with.
Ocean county teachers make less than Middlesex and Monmouth teachers on average
 
The average Public School Teacher salary in New Jersey is $62,350 as of May 25, 2023, but the range typically falls between $52,068 and $76,039. (Per salary.com) My daughter, with a masters in education from Rutgers is making approximately $60k as an elementary school teacher in Middlesex County (after 6 years of teaching). $62k is peanuts for what they have to deal with.
not peanuts, they work roughly half the year on top of the golden retirement package

well paid
 
not peanuts, they work roughly half the year on top of the golden retirement package

well paid
I have a different take on this. We need to attract excellent young people to teaching. It used to be this wasn't that big a problem. Bright women (and women still account for three-quarters of teachers) didn't have the career opportunities before the 1960s that they do now. Men were still able to support families on their own income, so married women didn't have a pressing need for income. All that is gone now. If you want better teachers, we need to pay them more and give them better working conditions. Part of that, by the way, is making it easier for disruptive kids to be removed from the classroom --but a lot of it is making teaching more economically attractive.
 
One half of 365, plus one is the typical required days per year for school days.
Our district has so many days off in November that they go less than one half the month.
13 days in school last year for November. So saying they work 10 months is very misleading.
Roughly half? I mean, if you consider 10 months to be roughly half.
There are places in the country where teachers are underpaid. But New Jersey is not one of those places. I had a patient making $93000 in Jersey City who no longer was in a classroom. Her job was to fill out paperwork for the State of New Jersey. Of course that means a recipient being paid by the State on the other end. My patient moaned that she didn't know how she was going to manage on her $64000 pension.
 
I just think people spout these numbers as if they work 365 days a year. There are 260 weekdays. Then you subtract the 11 federal holidays (although many get more than that off). Then you take off the 4 weeks of paid vacation/sick time that most people have by year 20 (though many have more at that point), and we're, at most, looking at 229 days. It could be less depending on the job. I get it. I work 182 days. It's less. But I also won't hit 6 figures, with a masters degree, until year 25. And sure, I'm biased, but I believe teaching is the most important job in the world.
 
The average Public School Teacher salary in New Jersey is $62,350 as of May 25, 2023, but the range typically falls between $52,068 and $76,039. (Per salary.com) My daughter, with a masters in education from Rutgers is making approximately $60k as an elementary school teacher in Middlesex County (after 6 years of teaching). $62k is peanuts for what they have to deal with.
Salary.com is not the most reliable source for public employee wages. I prefer to use data provided by the pension system. You can track the data at data universe.

I have punched in multiple locations in multiple counties for this data. Sorry to say Middlesex county pays their teachers horribly. But I punched in 3 family members and 2 college buddies that all teach in Middlesex County. 3 of them in abbot districts. 4 teachers one administrator. 1 elementary Ed 5 years experience 58k, 2 are making 90k with 10-15 years experience elementary , 1 102k as a high schoolhistory teacher with 18 yrs and one 170k as administrator 22 years experience.
 
In my opinion, to get a more accurate sense of how teachers' salaries compare to private sector jobs, you should really look at the pay on a 'per hour' basis - ignoring overtime for both (we all know both work outside their 'on the clock' hours, at times).
 
In my opinion, to get a more accurate sense of how teachers' salaries compare to private sector jobs, you should really look at the pay on a 'per hour' basis - ignoring overtime for both (we all know both work outside their 'on the clock' hours, at times).
they did, the star liar did that and it did not paint teachers pleas well

on top of that, teachers really don't provide any real economic value. the best is hearing, 'I'd love to quit. Really so what will you do? I don't know, I don't have any transferable skills'
 
NJ isn’t Mississippi. Except for some municipalities and/or subject areas, towns and cities aren’t desperate to fill positions. Educator salaries reflect what the free market says is fair. Neither overpaid nor underpaid.
 
NJ isn’t Mississippi. Except for some municipalities and/or subject areas, towns and cities aren’t desperate to fill positions. Educator salaries reflect what the free market says is fair. Neither overpaid nor underpaid.
You're out of touch with our current Reality. Districts are absolutely desperate to fill positions. There is a major teacher shortage right now. For the first time in our history, teachers are able to move from district to district without dropping to the bottom of the pay scale. I don't know of any study that shows if this will be a longterm effect, but I can tell you what I see every day at work. Teachers are leaving and no one is there to replace them. This puts more stress on the teachers who stay, making the job even less desirable. I fear that we are in real trouble.
Here's one piece of anecdotal evidence: I sit on my town's board of education. We've had an agreement with Rutgers GSE for years where they'd send us student teachers. This year, they told us the deal is over. Why? There aren't enough kids in the program to send us. In other words, kids aren't going into education any more. It's not an attractive profession.
 
Status
Not open for further replies.
ADVERTISEMENT
ADVERTISEMENT