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Showing 45 Results for millionaire's tax

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Discussing the NJ Legislature’s Recent Budget Approval [VIDEO]

In this edition of our weekly Political Bytes videos, State House reporter Kevin McArdle and I discuss the state budget, which was approved Thursday by the NJ Legislature. We also discuss Gov. Chris Christie's potential response to the millionaire's tax that was included in the spending plan.

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NJ Senate President Steve Sweeney
State Sen. Pres. Steve Sweeney (David Matthau, Townsquare Media NJ)
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NJ Dems agree on millionaire’s tax [AUDIO]

To meet the state's obligations like fully funding the pension system, the two have agreed to propose a tax increase that would impact only the New Jersey residents earning $1 million a year or more.

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NJ Millionaire's Tax
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Jim Gearhart and Assemblyman Jon Bramnick discuss the millionaire’s tax [AUDIO/POLL]

Today, Assemblyman Jon Bramnick called Jim Gearhart to discuss the possibility of a Millionaire's Tax in New Jersey.

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NJ Assembly Speaker Vinnie Prieto
NJ Assembly Speaker Vinnie Prieto (David Matthau, Townsquare Media NJ)
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Assembly Dems propose millionaire’s tax [AUDIO]

Assembly Democrats unveiled an alternative budget on Thursday one day after Senate Democrats released theirs. While the two plans differ slightly, there is one common element: they both call for hiking taxes on the wealthy in New Jersey.

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Money
Zoonar RF, ThinkStock
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NJ Treasurer Nixes Millionaire’s Tax Hike [POLL/AUDIO]

Despite needing to plug a nearly $807 million budget gap before June 30, a hike in New Jersey's millionaire's tax is not likely to happen as a method for producing new revenue according to state treasurer Andrew Sidamon-Eristoff.

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