N.J. Gov. Murphy, Others Announce Agreement to Include Millionaire's Tax in Revised FY 2021 Budget
September 18, 2020
September 18, 2020
TRENTON, New Jersey, Sept. 18 -- Gov. Phil Murphy, D-New Jersey, issued the following news release on Sept. 17:
Governor Phil Murphy, Lieutenant Governor Sheila Oliver, Senate President Steve Sweeney, Assembly Speaker Craig Coughlin, Senate Budget Chair Paul Sarlo, and Assembly Budget Chair Eliana Pintor Marin today announced that that the revised Fiscal Year 2021 (FY2021) budget will raise the state's gross income tax rate on income between $1 million and $5 million per year. The r . . .
Governor Phil Murphy, Lieutenant Governor Sheila Oliver, Senate President Steve Sweeney, Assembly Speaker Craig Coughlin, Senate Budget Chair Paul Sarlo, and Assembly Budget Chair Eliana Pintor Marin today announced that that the revised Fiscal Year 2021 (FY2021) budget will raise the state's gross income tax rate on income between $1 million and $5 million per year. The r . . .