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Professor Murray Sabrin Suggests Support for “Millionaires Tax” filled with economics ignorance and a broken moral compass

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by Murray Sabrin’s Road to Liberty

I sent the following letter to the editor (The Record) this morning in response to the essay by several members of the clergy.

Re “Why we support Gov. Murphy’s millionaires tax,” (Your Turn, May 24″).

The essay by several North New Jersey clergy reveals not only their economics ignorance but also a broken moral compass – which is an unfortunate given they make weekly sermons from their respective pulpits.

Continue reading Professor Murray Sabrin Suggests Support for “Millionaires Tax” filled with economics ignorance and a broken moral compass
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New Jersey Has the Highest Combined Corporate Tax Rate

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the staff of the Ridgewood blog

Ridgewood NJ, according to the Tax Foundation the Tax Cuts and Jobs Act (TCJA) significantly reduced the U.S. federal corporate income tax rate from 35 percent to 21 percent,  making the U.S. more competitive with other developed nations.

However, it’s important for lawmakers to remember that corporate income taxes at the state level also contribute to the overall tax burden on corporate profits.

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Sweeney Bashes Murphy’s Latest Millionaire’s Tax Proposal As A Fiscal Charade: ‘For This Governor, The Millionaire’s Tax Is Just A Talking Point’

the staff of the Ridgewood blog

Trenton NJ, Senate President Steve Sweeney issued the following statement in response to Governor Phil Murphy’s latest millionaire’s tax proposal:

“The unexpected surge in revenues the Governor is now claiming is the surge the Legislature expected when we imposed a 2.5 percent surcharge on the millionaire and billionaire corporations that benefited directly from the Republican Congress’ tax cut. It is the Corporation Business Tax surcharge we imposed that has been coming in far over the Administration’s revenue projections – just as the Legislature said it would.

Continue reading Sweeney Bashes Murphy’s Latest Millionaire’s Tax Proposal As A Fiscal Charade: ‘For This Governor, The Millionaire’s Tax Is Just A Talking Point’
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Assemblyman Warns Murphy’s Runaway Spending Assures Even Higher Taxes for Weary New Jerseyans

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file photo by Boyd Loving

the staff of the Ridgewood blog

Wayne NJ, Assemblyman Kevin J. Rooney warned the state’s economy is in danger without meaningful spending cuts after attending Gov. Phil Murphy’s invitation-only budget roundtable for Passaic County elected officials.

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Assemblyman says residents drowning in taxes, pushes towns to pledge no rain tax

the staff of the Ridgewood blog

TRENTON NJ, In an effort to provide relief to taxpayers, Assemblyman Christopher DePhillips pushes towns to pledge against passing a rain tax.

“Over the past few days I have joined Assemblyman Ryan Peters by imploring municipalities to oppose the rain tax by taking the ‘no rain tax’ pledge and passing a ‘no rain tax resolution.’” I have reached out to mayors in my district and many of them have agreed that our residents are overtaxed and charging people for rain would only add insult to injury,” said DePhillips (R-Bergen).

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Reader asks ,”why doesn’t the Assemblywoman care about cleaning up our environment? : and we ask why doesn’t New Jersey ?

photo courtesy of Derek Michalski‎

the staff of the Ridgewood blog

Ridgewood Nj, a reader made some strong point promoting what they claimed was “protecting the environment “

“So the problem of carrying food home is a false argument: someone goes to the store and carries their own bags, which are empty, they carry the bags home, full. Whether or not they carry their own bags to the store has NO bearing on what they are carrying home! They are carrying the same weight home whether or not they carry their own bags into the store.

Continue reading Reader asks ,”why doesn’t the Assemblywoman care about cleaning up our environment? : and we ask why doesn’t New Jersey ?
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Memorial Day Weekend is just weeks away and so is Murphy’s New 11.625% Short Term Rental tax

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the staff of the Ridgewood blog

Ocean Township NJ, With Memorial Day Weekend and the unofficial start of the summer season just weeks away, Legislative District 11 General Assembly candidates Mike Amoroso and Matt Woolley are pressuring Democratic leadership in Trenton to repeal the 11.625 percent sales and occupancy taxes on homeowners – largely in coastal communities – who directly rent their properties during the summer season.

Continue reading Memorial Day Weekend is just weeks away and so is Murphy’s New 11.625% Short Term Rental tax
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Reader says , “Let’s face it, empty nesters won’t be moving to Ridgewood, but they’ll be moving out”

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” Let’s face it, empty nesters won’t be moving to Ridgewood, but they’ll be moving out. The village would need to accommodate more kids either way. It’s therefore reasonable that property taxes would keep creeping up. The best residents can do is closely monitor and influence village spending… and welcome newcomers by sharing best practices that made this place a desirable upper middle class destination in the first place. A passive aggressive approach doesn’t help anyone. And btw, many of NYC newcomers are conservatives, escaping liberal paradise of urban sprawl! You’ll be surprised – you may make some good friends with newcomers! “

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Tax Freedom Day For New Jersey Residents Falls on April 30th!

the staff of the Ridgewood blog

Ridgewood Nj, just a reminder New Jerseyans, you have to work longer than residents of every other state, except one New York to cover your tax bill and enjoy Tax Freedom Day . Its April 30th this year . This is just another sign NJ is moving in the wrong economic direction and no in Trenton cares.

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H&R Block: average tax liability nationwide was down 25 percent while refunds were up 1 percent

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the staff of the Ridgewood blog

Ridgewood NJ, Josh Gottheimer and the socialist Democrats have continued to falsely vilify the GOP tax cuts that provided Americans with more money in their pockets.

And with Tax Day come and gone, there are some uncomfortable facts emerging that directly contradict Gottheimer’s bogus narrative.

Continue reading H&R Block: average tax liability nationwide was down 25 percent while refunds were up 1 percent