The ANCHOR Property Tax Relief Program is included in the (New Jersey) governor’s proposed budget for fiscal year 2023, scheduled for release next week. It replaces the Homestead Rebate Program, which affects 470,000 homeowners annually and provides an average benefit of $626. Renters are not eligible for the current Homestead program.
Under the new program, homeowners making up to $250,000 per year will be eligible to receive an average $700 rebate to offset property tax costs. Also, renters making up to $100,000 per year will eligible for a rebate of up to $250 to help with rent increases due to property taxes.
Patch.com
Think about that. Taking money from one place to put it another – without regard to need and often with bowered money. Earning $250,000 a year and you need a $700 tax rebate? Aren’t these the same earners politicians say should pay Social Security taxes on all their income?
It seems a characteristic of the progressive mindset to avoid addressing the basic problem, but rather to mask it by throwing money at it, mostly money they don’t have.
QUINNSCOMMENTARY 
What was even a bigger scam was that the “NJ Homestead Rebate” was suspended for a few years. Then in September 2021, NJ property owners got a form in the mail to go online and fill out a form for “2018 Homestead Benefit.” No that was not a typo, 2018. It doesn’t say on the letter but I believe that it was going to be paid in May of 2022 for a property tax bill on 2018. I don’t even remember what the amount might be.
In November 2021, Governor Murphy got re-elected. Amazing timing on when the homeowners got the form during an election year. Now the program is getting a third name, “ANCHOR Property Tax Relief Program.” I still haven’t seen any money.
I have an idea. Instead of promised property tax rebates, why doesn’t the State, cities, and schools, cut spending and cut our property taxes up front. Or use the “rebate money” to pay down our State’s debt. It is not like the State has extra money or collect too much. They spend far more then they collect now.
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But then how can these politicians get the votes they need to stay in office?
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