Give to the Poor?

Governor Christie is proposing to eliminate property tax rebates in 2010, the Philadelphia Inquirer reports.  Last year, 1 million homeowners in that state received property tax rebates of between $670 and $1,300. The move by Christie will reportedly save the state $850 million.

While NJ politicians are working hard to roll back tax rebates for the middle class, one needy taxpayer by the name of Morgan Stanley is in line for $300 million in tax rebates for their casino in Atlantic City.  Legislators are meeting today to try and stop an effort by some pesky voters to put Morgan Stanley’s tax rebate up for a vote.

So no tax rebates for the middle class, but tax rebates for a bank that received $10 billion in bailout funds from the U.S. taxpayer.  We really can’t make this stuff up.