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NJ Fiscal Year 2022 Budget : No Sizable Tax Relief Despite the State receiving a $5 billion tax windfall

philip

the staff of the Ridgewood blog

Trenton NJ, Governor Murphy, Senate President Sweeney, Speaker Coughlin, Senate Budget Chair Sarlo, and Assembly Budget Chair Pintor Marin announced an agreement on the Fiscal Year 2022 Budget.

Senate Republican Budget Officer Steven Oroho (R-24) issued the following statement following a budget-related announcement by Governor Phil Murphy and Democratic legislative leaders this morning:

“Despite the State receiving a $5 billion tax windfall in recent weeks, Democrats are proposing no significant new tax relief for New Jerseyans. That stands in stark contrast to our Republican plan to significantly boost tax relief and fix long-standing structural budget issues. It’s likely we’ll see a spending spree of epic proportions for legislative add-ons when the final details of the budget are released.”

In total, the new “tax relief” items listed by the governor and legislative leaders in the news relief total just $125 million.

5 thoughts on “NJ Fiscal Year 2022 Budget : No Sizable Tax Relief Despite the State receiving a $5 billion tax windfall

  1. Gotta keep feeding the beast

  2. That money is earmarked for Jumeteenth festivals, Gay Pride parades, school indoctrination, etc.
    As to the people who ACTUALLY PAY the taxes, well… F U

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  3. So did the village have the day off for Jumeteenth.

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  4. What relief? My property taxes just went up 6%!

  5. Governor beaver teeth has never mentioned high property taxes once.
    Typical out of touch limousine liberal multi millionaire from Goldman Sachs who bought his job by spreading his $$$ around to buy the nomination he stole from Steve Sweeney

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