Concerned that New Jersey residents already receive the lowest rate of return of any state on tax dollars sent to Washington, Senators Tom Kean (R-21), Steven Oroho (R-24) and Joe Kyrillos (R-13) questioned the equity of a new plan by President Obama to levy a new tax on investment income that would be borne disproportionately by New Jersey residents.
To help fund his multi-trillion dollar healthcare proposal, the President’s new plan, released on February 22, calls for the addition of a 2.9% Medicare tax on certain income, including that derived from interest, dividends, annuities, royalties and rent. This new tax would apply to individuals earning more than $200,000 and $250,000 for married couples filing jointly.
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February 22, 2010
Contact: Andy Pratt / (609) 292-5199
Senator Joe Kyrillos (R-13)
Senator Joe Kyrillos, a senior Republican senator on the Judiciary Committee, said he hopes that there are no further delays of hearings and votes on the governor’s nominees. The Senate Judiciary Committee adjourned today before a vote on the education commissioner’s nomination or selection of a date when the hearing will be resumed.
“The governor needs to have his team in place if government is to function smoothly,” Kyrillos said. “Delays make it more difficult for nominees to assemble their own teams and begin working on behalf of taxpayers.
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February 18, 2010
Contact: Andy Pratt / (609) 292-5199
Senator Joe Kyrillos (R-13)
Senator Joe Kyrillos, a senior Republican on the Judiciary Committee, said he was pleased and proud that most members of the committee voted to approve the nomination of Andrew Eristoff as state treasurer.
“The depth of knowledge and experience and the calm competence that Andrew Eristoff demonstrated today should give heart to all who have waited so long for better government in Trenton,” Senator Kyrillos said.
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February 8, 2010
Contact: Andy Pratt / (609) 292-5199
Senator Joe Kyrillos (R-13)
Senator Joseph Kyrillos made the following comments following the unanimous approval of acting Attorney General Paula Dow by the Senate Judiciary Committee.
“It is clear that acting Attorney General Dow is more than qualified to lead, manage and advance the priorities of the Christie Administration at the Department of Law and Public Safety. Attorney General Dow’s appointment also illustrates that Governor Christie intends to appoint the most qualified individual regardless of party affiliation.
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February 4, 2010
Contact: Bill Murray / (609) 292-5199
Senator Joe Kyrillos (R-13)
Senator Joe Kyrillos (R-13) issued the following statement in response to the release of the Boston College Migration of Wealth Study which shows that New Jersey’s high-tax policies have resulted in a population flight of entrepreneurs and job creators to lower-tax states:
“This discussion is about one thing and one thing only – the critical need to create permanent, quality jobs for the middle class of New Jersey. It’s the entrepreneurs and small businesses owners that generate the stable, high-paying jobs we need to recruit and retain in New Jersey to build a new foundation for a strong economic recovery.
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December 22, 2009
Contact: John Gorman / (609) 292-5199
Senator Joe Kyrillos (R-13)
Father Waged 5-Year Custody Battle
Senator Joseph Kyrillos (R-Monmouth) issued the following statement today after a Brazilian court ruled that David Goldman’s son be returned to him after a 5-year custody battle. Goldman has been seeking custody of his son, Sean, who was taken to Brazil in 2004 by his now deceased mother and never returned. Lawyers on both sides agreed there is still a chance for the Brazilian family to appeal, though the chances of success are slight.
“I am pleased, that after 5 years, Brazil’s Chief Justice has decided to do what is morally and legally right, based on the tenets of the Hague convention. Now Sean Goldman is one step closer to being returned to the loving arms of his Dad, his only living parent. This has been a long time coming, and I am overjoyed for David, Sean and the entire Goldman family.
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November 24, 2009
Contact: Andy Pratt / (609) 292-5199
Senator Joe Kyrillos (R-13)
Senator Joe Kyrillos, senior Republican on the Senate Economic Growth Committee, noted the New Jersey Business and Industry Association’s annual survey of current economic conditions shows business owners don’t believe that recovery will come in 2010. More importantly, survey respondents gave “record low marks to New Jersey as a place for expansion of their business facilities.”
“It’s time for Trenton to listen and respond to the pleas of the beleaguered business owners that New Jersey depends on to create jobs and economic growth,” Kyrillos said. “Business owners not only expect no growth in 2010 – business people are saying that New Jersey is a bad place to grow if they could expand.”
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October 23, 2009
Contact: Andy Pratt / (609) 292-5199
Senator Joe Kyrillos (R-13)
“New Jersey Pays Goldman Sachs for Swaps on Nonexistent Bonds” — Headline of a Bloomberg News Article Published on Oct. 23
Senator Joe Kyrillos reacted with fury and disgust to a Bloomberg News article that says the Corzine administration is paying Goldman Sachs almost $1 million a month because the state recklessly entered a risky financial agreement. The agreement, according to Bloomberg, performed so badly it provides no benefits for taxpayers and never will. Kyrillos demanded that Governor Corzine order an immediate, independent accounting of the more than $4.4 billion of similar transactions that the state and state authorities have entered over the last eight years.
According to Bloomberg, the state has already spent $11.4 million from the state’s nearly bankrupt Transportation Trust Fund to pay what amounts to double interest on a $345 million debt. In the end, the state may pay one of the biggest banks on Wall Street tens of millions of dollars more for doing absolutely nothing for New Jersey taxpayers besides taking their money.
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October 14, 2009
Contact: Andy Pratt / (609) 292-5199
Senator Joe Kyrillos (R-13)
Senator Joe Kyrillos, senior Republican on the Economic Growth Committee, said the following after learning that New Jersey’s unemployment rate has climbed to 9.8 percent, the highest level in nearly 33 years. The rate is the highest since April 1977, and remains far higher than the unemployment figures of Pennsylvania, New York, Delaware, Massachusetts and Connecticut. The state lost 12,000 jobs in the private sector and 700 government positions in September, the New Jersey Department of Labor reported.
“No neighboring state is suffering as much in this recession as New Jersey,” Kyrillos said. “There are no excuses that Governor Corzine can give that will make New Jersey feel better about the suffering of so many of our friends and neighbors.
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October 14, 2009
Contact: John Gorman / (609) 292-5199
Senator Joe Kyrillos (R-13)
Award Given to Those Who Advance Economic and Environmental Causes
Senator Joe Kyrillos (R-Monmouth) was named Outstanding Legislator of the Year by one of New Jersey’s leading economic growth and environmental advocacy organizations. The New Jersey Society for Environmental, Economic Development (NJ SEED), which advocates on behalf of policies that improve the state’s economic environment while maintaining protection of its physical environment, honored Kyrillos today at an awards ceremony.
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