Tax hikes get lawmakers’ OK in advance of full budget vote
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2 Articles
Tax hikes get lawmakers’ OK in advance of full budget vote
Sen. Paul Sarlo, the state Senate's budget chair, said Thursday that when lawmakers eye certain tax hikes, it's "always a difficult ask and a difficult choice to make." (Dana DiFilippo | New Jersey Monitor)Budget panels in both legislative chambers approved a series of tax increases on Thursday meant to keep New Jersey’s books balanced in the fiscal year that begins July 1, but legislators stopped short of a vote on the full budget. Lawmakers ad…
NJ budget deal set, but final bill delay stalls vote
The basics: Final NJ budget vote pushed to Friday night amid delays $58B deal includes full pension, school, and property tax relief Over $1B in tax/fee hikes include gaming, tobacco, real estate Critics warn of structural deficit, lack of transparency As Tom Petty sang, “the waiting is the hardest part.” Despite a negotiated budget agreement reached earlier this week between Gov. Phil Murphy and legislative leaders – Senate President Nick Scut…
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