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>Christie’s proposed income tax cut wins instant business support

>Christie’s proposed income tax cut wins instant business support
By Andrew Kitchenman

A proposed 10 percent, across-the-board income tax cut proposed by Gov. Chris Christie won instant support from business groups today.

The proposal, made during Christie’s annual State of the State address, would be the largest tax cut in the state since the 30 percent cut enacted during Gov. Christine Todd Whitman’s first term.

“In my budget, I will fulfill a promise I made to all the people of New Jersey in 2009 — real relief from the heavy personal income tax burden that has strangled our families and forced many to move away,” Christie said.

https://www.njbiz.com/article/20120117/NJBIZ01/120119816/Christie’s-proposed-income-tax-cut-wins-instant-business-support

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