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

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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.

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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.

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

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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.

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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.

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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 …