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NJBIA Responds to New CBT Surtax as Part of FY2025 State Budget
February 28, 2024
TRENTON, New Jersey, Feb. 28 -- The New Jersey Business and Industry Association issued the following statement on Feb. 27, 2024:

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NJBIA President and CEO Michele Siekerka issued the following statement regarding Gov. Phil Murphy's proposal of a new and permanent 2.5% surtax on New Jersey's largest job providers, returning them to a national outlier status for the highest top business taxes in the nation, as part of his FY25 State Budget proposal.

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