New Jersey governor signs budget boosting taxes on companies making over $10 million

New Jersey governor signs budget boosting taxes on companies making over $10 million

New Jersey Governor Phil Murphy has inked a new budget deal, which will raise taxes on companies that earn more than $10 million annually.

Murphy signs record N.J. budget with tax hike, property tax relief, big bucks for pensions

New Jersey's Democratic governor praised the 2024-25 spending plan. Republicans say the state is spending too much and faces a fiscal cliff.

NJ governor to sign tax hike for transit as part of budget deal

The proceeds from the new transit fee would help fund NJ Transit, which is also hiking fares.

New Jersey Passes Budget That Boosts Taxes on Companies Making Over $10 Million

TRENTON, N.J. (AP) — New Jersey's Democrat-led Legislature passed a $56.6 billion budget on Friday that hikes taxes on high-earning corporations, sending the measure to Gov. Phil Murphy, who's expected to sign it.

New Jersey governor signs budget boosting taxes on companies making over $10 million

New Jersey governor signs budget boosting taxes on companies making over $10 million

New Jersey Democratic Gov. Phil Murphy signed a $56.6 billion budget that hikes taxes on high-earning corporations. Lawmakers on Friday sent the measure to Murphy, who signed it shortly before midnight. They were two days ahead of their constitutionally set deadline to enact a balanced budget, avoiding a government shutdown. For taxpayers, the spending plan includes billions for K-12 education, property tax relief, public pensions and a host of …