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Real Property Tax Relief Now: Cap 2.5 and the Christie Reform Agenda

First in a series of forums on Ideas for the New Decade, the Manhattan Institute welcomed New Jersey governor Chris Christie on Tuesday, May 25, 2010. Governor Christie presented his reform agenda for sustainable property tax relief—his toolbox of cost-control reforms, including Property Tax Cap 2.5.

Watch the event video
Read Governor Christie's Remarks

CBS 2 News, 5-25-10
CBS Radio 5-25-10
Jersey Budget Coming Into Focus Dems, Christie Seem Intent on Timely Passage, Associated Press, 5-31-10
Democrat Looking At 2.5% Cap, Courier Post, 5-30-10
Cuomo Wants To Do Christie's Cap One Better, Asbury Park Press, 5-30-10
Doblin: Move over Eloise, Christie’s at the Plaza, Bergen Record, 5-28-10
A New Boss Rocks New Jersey, Investors Business Daily, 5-27-10
John Fund on Chris Christie's Political Toughness, WSJ's Notable and Quotable, 5-27-10
I've Fallen In Love—With Chris Christie,, 5-26-10
Christie for President, John Fund, Wall Street Journal, 5-27-10
Christie rips 'out-of-control' teach union, New York Post, 5-26-10
Gov. Christie Talks Property Tax Cap In NYC, CBS 2 News, 5-25-10
If N.J. Goes The Way of Greece, Where's The Safety Net?, Philadelphia Inquirer, 5-26-10
Christie Says N.J. 'Careening Toward Becoming Greece', Bloomberg Businessweek, 5-25-10
Calling Andrew Cuomo, In the Lobby, 5-25-10
New York Super Bowl May Bring 'Hundreds of Millions', Bloomberg Businessweek, 5-25-10
N.J. Governor to Speak on His 2.5% Cap, The Bond Buyer, 5-25-10


DO PROPERTY-TAX CAPS WORK? Lessons for New Jersey from Massachusetts
By Josh Barro

In a new report co-sponsored by the Manhattan Institute and the Common Sense Institute of New Jersey, Josh Barro studied the effects of proposition 2.5 in Massachusetts which succeeded in restraining growth of property-tax collections, total tax collections, and per-pupil education spending. By adopting a similar reform, New Jersey could significantly restrain tax growth without hurting educational outcomes.


Tax cap proved its worth in Massachusetts, can work in New Jersey, Josh Barro, The Star-Ledger, 5-26-10
Josh Barro on American Family Radio Network's "Nothing But Truth" 5-26-10
Josh Barro on WBAL's "The Ron Smith Show" 5-26-10
The Tax Caps Cometh, Wall Street Journal, 5-25-10
Studies Conflict on Whether N.J. Tax Cap Will Benefit Residents, Star-Ledger, 5-25-10
N.J. Lawmakers Will Hold Summer Session on Tax Plan, Bloomberg Businessweek, 5-25-10
Group Defends Tax Cap Idea, Gloucester County Times, 5-25-10
Dueling Studies On Tax Cap, Press of Atlantic City Blog, 5-25-10
N.J. Governor to Speak on His 2.5% Cap, The Bond Buyer, 5-24-10
N.J. Property Tax Cap Proposal Gets Boost From Study of Massachusetts taxes, Star-Ledger, 5-24-10
Governor Christie's Proposed Property Tax Cap Could Significantly Restrain Tax Growth Report Shows, Cape May County Herald, 5-24-10


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that foster greater economic choice and individual responsibility.

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