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Faulty Forecasting by the Murphy Administration Leads to an Enormous Business Payroll Tax Increase

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the staff of the Ridgewood blog

Trenton NJ, Senator Steve Oroho blamed faulty forecasting by the Murphy Administration for an enormous business payroll tax increase set to take effect on October 30 to put money into the Unemployment Insurance Fund, which the  Administration projected to be almost a billion dollars in the red by the end of June of this year.

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