Tag: Tax

ECONOMY CRUSHER: Democrats weigh highest-in-America tax on N.J. businesses

TRENTON, N.J. – New Jersey Democrats are eyeing another dubious “first” for the Garden State this week. On Tuesday, the Democrat-controlled Senate and Assembly Budget Committees respectively advanced S-2746/A-4202, legislation designed to increase New Jersey’s corporate tax rate. The full New Read More

Murphy conditionally vetoes Hollywood tax credit; calls for urban N.J. reality TV show?

TRENTON, N.J. — A multi-million dollar tax credit package purportedly designed to generate film industry activity in New Jersey, passed both houses of the Democrat-controlled state legislature on April 12th, was vetoed by Governor Phil Murphy on Wednesday. Click here to view Read More

MEMORIAL (PAY)DAY FOR TRENTON: Murphy praises gas tax hike scam as prices soar

By Matt Rooney _ Phil Murphy is (finally) admitting how he feels about the October 2016 gas tax hike. At a Wednesday bill signing event, the Democrat Governor lauded the historic increase — one which robbed New Jersey of one Read More

Op-Ed: “Millionaires Tax” Not the N.J. Fairy Tale Governor Murphy is Selling

By Rosemary Becchi, J.D., L.L.M. _ We all know how the story goes: Steal from the rich and give to the poor.  In the story, it’s noble and righteous for the hero to take these actions.  So, it’s no surprise Read More

Will legal sports betting help N.J.? I don’t like our odds.

By Matt Rooney _ You can’t have prosperity without freedom, but don’t think for a moment that freedom guarantees prosperity.  On Monday, the U.S. Supreme Court aligned itself with common sense and struck down a widely-panned 1992 federal law — Read More

Phil Murphy Hates Guns (But He’ll Use Them To Fill His Coffers)

Phil Murphy may hate guns but, in pursuit of his historic New Jersey spending blitz, he’s perfectly happy to make money off of them, Save Jerseyans, proposing a new sales tax on Garden State firearms purchases. Our contributor Katie Cericola of Read More

THAT’S A WRAP: Hollywood Tax Credit Could Be A Big Loser For N.J. Taxpayers

By Matt Rooney _ A multi-million dollar, a tax credit package designed to lure the film industry to New Jersey for new projects, passed both houses of the state legislature on April 12th with token opposition. It’s unclear whether Murphy Read More

Jilted by Murphy, N.J. GOP plans legislation to reverse gas tax increase

TRENTON, N.J. – A significant number of New Jersey legislative Republicans — including Assembly Minority Leader Jon Bramnick (R-Union) — supported the October 2016 gas tax hike which, at least in part, was supposed to be offset by a small decrease Read More