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Share sensitive information only on official, secure websites. Charles Augustus Lindbergh, Jr. After the Hopewell police were notified, the report was telephoned to the New Jersey State Police, who assumed charge of the investigation. During the search at the kidnapping scene, traces of mud were found on the floor of the nursery.
That helped fund spending increases on K education, public-worker pensions and property tax relief. The Jon Corzine as the state was in the grips of the Great Recession.
here. Murphy floats N. New Jersey Gov. In the annual speech before the Legislature, the first-term Democrat again pitched it as a way to raise revenue, fund his progressive political agenda. A renewed push by Gov. It also comes as new federal tax rules are fueling concerns about regional competitiveness and outmigration.
This time around, the governor is seeking to extend the But Murphy is already facing strong resistance from Republicans and top leaders from his own party, including Senate President Steve Sweeney D-Gloucester. As the global downturn triggered record revenue losses in New Jersey, Corzine, a Democrat, proposed increasing the top-end rate for one year to Later on in the budget process, his administration came up with the proposal to levy a A progressive income-tax structure which subjects taxpayers to higher rates as they report more earnings has also been highlighted by the Washington, D.
The group released a study last year that found middle-income earners in New Jersey pay a slightly higher effective state and local tax rate than those in the top 5 percent.
On the low end is Pennsylvania, which levies a flat income-tax rate of 3. Murphy, N. Democratic leaders in the legislature have resisted the tax hike since Murphy became governor, but say the pandemic changed their minds.
In this Dec. A new Gilded Age? Share this Facebook Twitter. Currently, California has the highest marginal income-tax rate among U. Next is Connecticut, at 6. Disagreements over tax policy and the fear that higher rates would lead to outmigration nearly led to a government shutdown last year.
Ways to Donate. But it also found those in the lowest income brackets pay the lowest effective tax rates in New Jersey.
Last year, Murphy was asked why he was pressing for a rate of exactly We want folks to say no matter what their circumstances are that, at the end of the day, this is all about equity. John Boyd, a principal at Princeton-based The Boyd Company, a leading corporate-site consultant, also suggested New Jersey policymakers should be careful about applying the He also pointed to an ongoing debate in New York, where Democratic Gov.
Andrew Cuomo is pushing back against calls for higher taxes on the wealthy, echoing some of the same arguments now being made by Sweeney across the river in New Jersey.
But Murphy administration officials caution that state-by-state comparisons are difficult to make because in some places, like New York City, the levying of local income taxes and other policy differences can lead to distortions. You may also like. This story originally appeared on NJ Spotlight.