Tag: #NewJerseyTaxes

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Murphy’s Latest Tax Hikes: Cigarettes, Casinos & Real Estate – Oh My!

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the staff of the Ridgewood blog

Trenton NJ, “The Only Taxes People Like Are the Ones Someone Else Pays” — But in New Jersey, You’re Probably Paying Them Too . If there’s one thing more certain than death and taxes, it’s New Jersey finding new taxes.

Starting August 1, smokers in the Garden State will find their wallets even lighter as a fresh round of cigarette and vape taxes goes into effect. Yes, that’s right — Gov. Phil Murphy and the Democrat-led Legislature have once again reached deep into the playbook of “creative revenue generation” and pulled out… even more taxes.

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How New Jersey Taxes Impact Everyday Life: From Your Commute to Your Paycheck

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the staff of the Ridgewood blog

Ridgewood NJ, taxes in New Jersey do more than just affect your paycheck or your annual April filing — they impact nearly every facet of daily life. Whether you’re commuting on state-funded trains, relying on public schools, or filling up your tank, your tax dollars are at work. But while New Jersey ranks high in public services and education, it also ranks among the most heavily taxed states in the nation.

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House Republicans Push to Raise SALT Deduction Cap in Trump’s New Tax Plan

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the staff of the Ridgewood blog

Ridgewood NJ, as Congress debates President Donald Trump’s proposed tax and spending package, House Republicans are making a renewed push to raise the limit on the state and local tax (SALT) deduction, a move that could significantly impact taxpayers in high-tax states like New Jersey, New York, California, and Illinois.

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Allendale Approves $17.5M Budget for 2025: What Homeowners Need to Know

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the staff of the Ridgewood blog

Allendale NJ,  At its April 24 council meeting, the Borough of Allendale officially adopted its $17.5 million municipal budget for 2025, reflecting an increase of $807,375 over last year’s $16.7 million plan.

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Ridgewood Village Manager Acknowledges 6.6% Tax Levy Hike in Private Email, But Public Messaging Remains Inconsistent

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the staff of the Ridgewood blog

Ridgewood NJ, a recent email from Village Manager Keith Kazmark to Ridgewood Village Council members reveals that the true municipal tax levy increase for 2025 is 6.6%, despite public messaging indicating a lower figure. The discrepancy has sparked criticism among some residents who argue that the real tax burden is being underreported.

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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.

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