millionaire’s tax

Last week, Governor Chris Christie first announced his re-tooled tax cut plan on NJ 101.5 FM's Jim Gearhart Show.

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His popularity is still off the charts, particularly for a Republican Governor in New Jersey and a comfortable majority of Garden State voters think Chris Christie deserves to be re-elected.

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There's good news for New Jersey businesses. The state is no longer ranked as the least business friendly. Don't celebrate just yet because our business climate is still in critical condition.

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Yesterday, in a special joint session of the legislature, Governor Chris Christie implored the democrat-controlled legislature to give the "certainty" of a tax cut today.

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Today, Governor Chris Christie is expected to make good on his pledge to veto the millionaires' tax hike bill for the third time in three years. The measure received full legislative approval yesterday.

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Today, without discussion or debate, the full State Senate is expected to approve a millionaires' tax hike bill that Governor Chris Christie is still promising to veto it for the third consecutive year.

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Monday, the full Assembly passed a bill to hike the state income taxes on New Jersey's roughly 16,000 millionaires.

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The fact that Governor Chris Christie is going to veto the millionaires' tax increase bill that passed the full Assembly yesterday is maybe the worst kept secret since the recipe for ice cubes.

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Here we go again. New Jersey Democrats are banking on the fact that Garden State residents would love it if the rich were forced to pay more in income taxes so they can pay less in property taxes.

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The Assembly Budget Committee has cleared a millionaires’ state income tax increase today. Every Democrat supported the measure and every Republican opposed it. The full Assembly and State Senate are expected to pass the bill Monday. Governor Chris Christie has vetoed the tax hike twice already and he promises to do it again if the legislation reaches his desk.

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