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Senator Kristin Corrado Slams Trenton Democrats Over Sudden Mansion Tax Overhaul

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the staff of the Ridgewood blog

TRENTON, NJ — Senator Kristin Corrado (R-40) has strongly criticized Trenton Democrats for fast-tracking major changes to New Jersey’s Mansion Tax with little notice or time for the real estate industry to adjust. The new law (S-4666/A-5804) was introduced on June 23, signed into law by Governor Phil Murphy on June 30, and took effect immediately on July 1, leaving just nine days for compliance.

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Governor Phil Murphy Proposes Over $1 Billion in New Taxes in 2025 NJ State Budget Plan

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the staff of the Ridgewood blog

TRENTON NJ,  for the second consecutive year, New Jersey Governor Phil Murphy is seeking approval from state lawmakers of a massive $1 billion in new taxes and fees as part of his latest budget proposal. The sweeping tax increases come as the state’s annual budget inches closer to a record-setting $60 billion.

Continue reading Governor Phil Murphy Proposes Over $1 Billion in New Taxes in 2025 NJ State Budget Plan