Posted on

Tentative Tax Agreement Reached to Fund NJ Transit

IMG 20240620 160402515 HDR scaled

the staff of the Ridgewood blog

Ridgewood NJ, New Jersey has reached a tentative agreement with its most profitable companies to temporarily increase taxes in order to fund NJ Transit. Under this plan, the 600 corporations in the state that earn at least $10 million annually will pay a 2.5% tax on all earnings for the next five years.

Continue reading Tentative Tax Agreement Reached to Fund NJ Transit