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Showing 52 Results for millionaire\'s tax

Money
Flickr User Keith Ramsey
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Millionaire’s Tax Hike a Good Strategy, Says Political Expert [AUDIO]

The upside for the Assembly Democrats who are pushing a millionaire's tax hike is tremendous according to one political expert. Fairleigh Dickinson University political science professor Peter Woolley says the only true downside is that Governor Chris Christie would veto it.

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Steve Sweeney and Chris Christie
Steve Sweeney and Chris Christie (Governor's Office, Tim Larsen)
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Millionaire’s Tax Hike Would be Pointlessly Political, Says Steve Sweeney [AUDIO/VIDEO]

State Senate President Steve Sweeney's property tax cut plan does not include a millionaires' tax increase even though he supports the idea. He knows where Governor Chris Christie stands on the issue of a millionaires' tax hike so Sweeney says including one would be pointless and political.

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NJ Assembly Democrats Facebook
NJ Assembly Democrats Facebook
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Think A Millionaires’ Tax Won’t Hurt You? Think Again Says Lawmaker [AUDIO]

New Jersey has roughly 16,000 millionaires and chances are you aren't one of them which is likely the reason most polls shows the vast majority of Garden State residents support a millionaires' tax increase.

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Stacy Proebstle, Townsquare Media
Stacy Proebstle, Townsquare Media
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Millionaires’ Tax Hike Question Could Be On This Year’s Ballot [POLL]

Some top Democrats are talking about asking the voters in a 2013 ballot question if they would like to increase taxes on the state's roughly 16,000 millionaires as a means to pour hundreds of millions of dollars into the state's coffers to help the middle-class and working-poor.

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Governor Chris Christie
Townsquare Media NJ
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Chris Christie Wants To Work Out Tax Cut Deal With Steve Sweeney [VIDEO]

State Senate President Steve Sweeney insists his tax relief plan is different than the Governor's, and the two are not on the same page, but Governor Christie insists Sweeney is "overstating it."

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NJ Millionaire's Tax
Getty Images
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Millionaire’s Tax in New Jersey – I Vote NO! [POLL]

For years the Democrats have been trying to get a millionaire's tax passed in New Jersey and thankfully for years, Governor Christie has been able to stop it. Now it could end up on a referendum with the New Jersey voters deciding, Since most New Jersey voters overwhelmingly favor the millionaire’s tax, they would probably win the vote but lose in the long run.

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Democrats Town Hall
State Senators Steve Sweeney & Loretta Weinberg host a Democrat Town Hall in Lawrenceville. (Stacy Proebstle, Townsquare Media NJ)
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NJ Senate Democrats Talk Tax Cuts At Town Hall [AUDIO]

With three tax cut plans on the table, New Jersey's Senate Democrats held their first town hall in Mercer County to discuss how their proposal to cut property taxes differs from Governor Christie's income tax cut plan.

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