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new jersey millionaire’s tax

new jersey millionaire's tax

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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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NJ Millionaire's Tax
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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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