New Jersey To Increase Tax On Millionaires In Order To Help Families Struggling Due To Coronavirus PandemicPeople who make more than $1 million a year will see a tax increase of just under 2%. In exchange, that money will help struggling families.
New Jersey Gov. Phil Murphy Delivers State Of The State AddressMurphy has signed a number of bills fulfilling campaign promises, including a phased-in $15 minimum wage and tax hikes to pay for transit and education.
N.J. Democrats Thus Far Lukewarm On Idea Of Approving Millionaire's Tax In Order To Get Property Tax ReliefNew Jersey property taxes are the highest in the country -- a big concern for voters. Gov. Phil Murphy says he has the solution. But do his fellow Democrats support it?
Sen. Bernie Sanders Joins De Blasio To Tout Millionaires' Tax For Subway RepairsU.S. Sen. Bernie Sanders (I-Vermont) was in New York Monday to promote a plan to tax the rich with Mayor Bill de Blasio.
Christie Expected To Veto Tax Increases As NJ Lawmakers Pass $35B BudgetDemocratic legislative leaders Thursday pushed through a $35 billion budget, which includes a four-year millionaires tax and a one-year corporate income tax increase.
N.J. Lawmakers Say They Will Not Consider Christie Tax-Cut PlanThere was drama at the statehouse on Monday. Governor Chris Christie called a special joint session of the Legislature to ask Democrats to pass a tax-cut plan they actually sponsored.
DiNapoli: Economic View Shaky As Cuomo Prepares BudgetAs Gov. Andrew Cuomo plans to present his budget proposal for the coming fiscal year, a state financial report shows the boomlet that appeared briefly in the spring has fizzled.
Gov. Cuomo Vows To Rewrite Tax Code, Recreate New York State's Middle ClassIf you're among the very, very rich in New York you'll have to dig deeper to pay the tax man, but for everyone else -- and that means most of us – Gov. Andrew Cuomo wants to cut your taxes. It’s hard to believe, but that's what he's looking to do.
Calls Continue For Gov. Cuomo To Extend Millionaire's TaxGov. Andrew Cuomo is hearing it from upstate and downstate. Protesters, politicians, and union leaders want him to extend the millionaire's tax.
Gov. Andrew Cuomo Stands Against Millionaire's TaxThe push for a higher tax on New Yorkers making more than $1 million a year is getting fresh life with a new poll showing overwhelming support, a high-profile rally on Monday and the strengthening Occupy Wall Street protest in New York City.
Sen. Schumer Expresses Reservations About President Obama's Tax PlanPresident Barack Obama headed to New York on Monday afternoon, just hours after rolling out his controversial plan to raise taxes. The battle is on over how to cut America's staggering deficit.
Battle Brews Over State Budget In New JerseyHealth and pension reforms are the big debatable issues in this year’s Garden State state budget.