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Scorn for property taxes drives NJ governor's race

Posted on November 1, 2009 at 11:02 AM

PARAMUS, N.J. (AP) — For the privilege of living in perhaps the nation's most-maligned state, New Jerseyans pay the highest property taxes in America.

That overriding issue — not President Barack Obama, health care or the economy — could cost Democratic Gov. Jon Corzine his job on Election Day.

The former Wall Street whiz is locked in a tight race with Republican Chris Christie, a corruption-busting former federal prosecutor.

Chris Daggett, a moderate independent in the race, has surprised the political establishment by becoming a factor — and maybe a spoiler — partly because of his plan to reduce property taxes by 25 percent.

Last year, the average bill for a homeowner was more than $7,000 — about twice the national average and 71 percent more than a decade earlier.

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