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ANCHOR Plan Announced by Governor Phil Murphy and Democrat Leaders an Insult to Working NJ Families

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the staff of the Ridgewood blog

Trenton NJ, Senator Michael Testa said the ANCHOR plan announced by Governor Phil Murphy and Democrat leaders is underwhelming compared to the Give It Back rebates proposed by Senate Republicans.

Continue reading ANCHOR Plan Announced by Governor Phil Murphy and Democrat Leaders an Insult to Working NJ Families

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State Senator Says Governor Murphy’s New ANCHOR rebate will Reduce Renters’ Rebates and Increase Funding for Rebates

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the staff of the Ridgewood blog

Trenton NJ, Senator Declan O’Scanlon is warning that Governor Murphy’s proposal to replace two tax rebate programs (the longstanding Homestead Rebate Program and the “middle class rebate program” created last year) with a new “ANCHOR” rebate will reduce existing renters’ rebates by up to 50 percent, meaninglessly increase total funding for rebates, and won’t be distributed for 13 months (until May of 2023).

Continue reading State Senator Says Governor Murphy’s New ANCHOR rebate will Reduce Renters’ Rebates and Increase Funding for Rebates