Sunday Leftovers
October 24, 2010Check Out…
October 25, 2010Quote of the Day
The Wall Street Journal looks at the relationship between NJEA President Barbara Keshishian and Gov. Christie. Here’s Andrew Rotherham: “Chris Christie isn’t the most convenient messenger for the education-reform movement, because of his take-no-prisoners style. But he’s on to something big—that the huge cost for public schools is no longer sustainable.” The piece continues,
The average New Jersey teacher makes $61,277 a year, well above the U.S. average of $52,800, according to the National Education Association. New Jersey teachers get medical and other benefits costing $19,140 a year, according to the teachers union. The New Jersey Treasurer estimates its unfunded liabilities relating to lifetime health benefits for current and retired teachers is $36.32 billion.
To foot that and other bills, New Jersey residents pay an average of 11.8% of their income in state and local taxes, the highest in the nation, according to the Tax Foundation, a Washington, D.C., think tank. The average property tax bill for owner-occupied residences in New Jersey is $6,579, also a U.S. high.