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millionaire's tax

Money
Flickr user 401K
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Clock is Ticking for NJ’s Competing Tax Cut Plans [AUDIO]

The clock is ticking, only 23 days left for the legislature to get a balanced state budget passed and come to an agreement on one of three competing tax cut plans.

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State Senate President Steve Sweeney (Kevin McArdle, Townsquare Media)
State Senate President Steve Sweeney (Kevin McArdle, Townsquare Media)
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No Negotiations on Millionaire’s Tax, NJ Senators Say

New Jersey senate leaders say they're not in negotiations with the Assembly to reinstate a tax on millionaires as part of a property tax credit plan.

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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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Governor Chris Christie at Town Hall Meeting
Governor's Office, Tim Larsen
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Christie Tells NJ to “Read the Fine Print” [VIDEO]

Governor Chris Christie held his fifteenth town hall of the year today in Springfield. He used a good portion of the program to bash a tax cut plan from the Assembly Democrats.

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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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Governor Chris Christie
Governor's Office
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The Christie “Comeback Tour” Travels To Middle East

 

Governor's Office/Tim Larsen

Governor Chris Christie's "Jersey Comeback Tour" moves overseas next week, as the Governor and his family travel to Israel and Jordan for a trip being billed as a trade mission

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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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Money Stack
Don Farrall, Getty Images
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Millionaires’ Tax Front And Center Again In NJ

Some leading Democrats in the New Jersey legislature are maneuvering to place a millionaires’ tax increase as a 2013 ballot question that would amend New Jersey’s Constitution. Assembly Republican Leader Jon Bramnick is firing back.

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