millionaire's tax

NJ Assembly Panel Approved Millionaires Tax Hike
NJ Assembly Panel Approved Millionaires Tax Hike
NJ Assembly Panel Approved Millionaires Tax Hike
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.
Millionaire Tax Increase Takes Another Step Forward
Millionaire Tax Increase Takes Another Step Forward
Millionaire Tax Increase Takes Another Step Forward
The Senate Budget Committee has passed the millionaires’ tax increase bill without debate and along party lines. Every Democrat on the panel voted in favor of the measure. Every Republican voted against it. Governor Chris Christie vows to veto the bill for the third consecutive year.
It’s Tough To Stay A Millionaire in NJ
It’s Tough To Stay A Millionaire in NJ
It’s Tough To Stay A Millionaire in NJ
Tomorrow, the New Jersey Senate and Assembly are scheduled to consider bill to increase the income tax on the state’s roughly 16,000 millionaires. Democrats say the $800 million generated through the increase would help fund property tax relief for the middle class. A new study by the Tax Foundation suggests taxing the rich is not a good idea.

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