Gov. Phil Murphy all but said Thursday he won’t sign another state budget unless it includes a tax hike on those who earn more than $1 million a year in New Jersey.
Murphy declared he’s done “stumbling” from one budget agreement to another each year as he put his foot down for a tax increase on the state’s top earners to help pump more money into education, transportation public-worker pensions and property taxes.
Position - Governor - Stage - State - Government
If he sticks to his position, the Democratic governor sets the stage for a state government shutdown if the top leaders of the Democratic-controlled state Legislature continue to oppose the millionaires tax by the July 1 budget deadline.
“The bigger point is that I’m not managing the state from May to June or the typical, you know, stumbling to June 30 to barely get over the goal line just so the we can do it again next year,” Murphy said at an event in Burlington County about free community college tuition for poorer New Jerseyans.
Senate - President - Stephen - Sweeney - Murphy
Senate President Stephen Sweeney blasted Murphy's pro-millionaires tax ads on Wednesday. He was joined Thursday by Assembly Speaker Craig Coughlin.
"We’ve got to get to a higher and better place in this state and manage ourselves with a fiscal discipline and responsibility that we have not done in the past couple of decades," Murphy said.
Millionaires - Tax
Asked if that meant a millionaires tax is...
(Excerpt) Read more at: nj.com
Wake Up To Breaking News!