millionaire's tax

‘Millionaires tax’ – another increase possible in New Jersey?
‘Millionaires tax’ – another increase possible in New Jersey?
‘Millionaires tax’ – another increase possible in New Jersey?
Gov. Chris Christie has repeatedly vetoed bills to increase the income tax paid by New Jersey's millionaires and in his 2015 State of the State Address he promised to do it again if the legislature approved such a tax hike. That was welcome news to the business community, but the top lawmaker in the General Assembly said that it doesn't mean to issue is dead.
Christie vetoes tax hikes
Christie vetoes tax hikes
Christie vetoes tax hikes
As he vowed to do, Gov. Chris Christie signed a balanced $32.5 billion state budget into law Monday, but not before he cut two tax increases Democrats inserted to generate revenue to fully fund their year's public employees' pension fund payment.
NJ Budget Approved
NJ Budget Approved
NJ Budget Approved
The full New Jersey Senate passed a $34.1 billion state budget on Thursday, voting along party lines, with Democrats supporting the spending plan, while Republicans voted against it.
Taxing millionaires
Taxing millionaires
Taxing millionaires
To meet the state's obligations like fully funding the pension system, the two have agreed to propose a tax increase that would impact only the New Jersey residents earning $1 million a year or more.
Budget Battle Rages
Budget Battle Rages
Budget Battle Rages
With Democrats in the state Assembly and Senate recently unveiling alternative budget proposals, both of which hike taxes on New Jersey's wealthiest residents, Assembly Republicans held a State House press conference Monday to blast those plans.
Taxing the rich
Taxing the rich
Taxing the rich
Assembly Democrats unveiled an alternative budget on Thursday one day after Senate Democrats released theirs. While the two plans differ slightly, there is one common element: they both call for hiking taxes on the wealthy in New Jersey.
Time for a Millionaires Tax in NJ? [POLL]
Time for a Millionaires Tax in NJ? [POLL]
Time for a Millionaires Tax in NJ? [POLL]
Before you upchuck on your lunch (or whatever it is you’re eating right now), seeing an NJ.com headline saying that “Unions and Advocacy Groups Endorse NJ Millionaires Tax”; unless things radically change between now and June 30th, the chances of that happening are slim to none – and slim just left town...
No Millionaire's Tax Hike
No Millionaire's Tax Hike
No Millionaire's Tax Hike
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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