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Americans for Tax Reform Issues Commentary: New Jersey Governor Phil Murphy Betrays No Tax Increase Promise, Returns to Tax-and-Spend Ways
April 12, 2024
WASHINGTON, April 12 -- Americans for Tax Reform issued the following commentary on April 11, 2024:

By Alex Ramey and Doug Kellogg

Record spending and a return to pushing tax hikes, that is the unfortunate reality of New Jersey Governor Phil Murphy's budget proposal.

Just last year, New Jersey's excessive corporate income tax surcharge was finally allowed to expire - as was the original sales pitch when the surcharge was first enacted. The state's rate was . . .

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