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Governor Murphy Signs off on Another “Crazy Eddie” Budget for New Jersey

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the staff of the Ridgewood blog

Trenton NJ, Governor Murphy signs off on another “Crazy Eddie” budget for New Jersey. The New Jersey Senate and Assembly passed the FY24 Budget along party lines late this afternoon. The budget, a record $54.3 billion.

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Time for New Jersey to Show Some Fiscal Responsibility, Address Massive State Debt, and offer Appropriate Tax Relief for NJ Businesses

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the staff of the Ridgewood blog

Trenton NJ, with a State Budget Surplus, NJBIA Urges Fiscal Responsibility Addressing Debt, Appropriate Tax Relief for NJ Businesses. NJBIA President and CEO Michele Siekerka issued the following statement today regarding forecasts of a multibillion surge in tax revenue with the June 30 budget deadline approaching.

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New Jersey Restaurant & Hospitality Association Blasts Governor Murphy on New Law that allows government to dictate employment conditions of Sale of Business

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“an egregious act of government overreach that impacts small businesses”

the staff of the Ridgewood blog

Trenton NJ, New Jersey Restaurant & Hospitality Association President and CEO Dana Lancellotti has issued the following statement regarding Governor Murphy signing Assembly Bill 6246 into law:

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NJBIA President and CEO Michele Siekerka , “this level of spending is simply not sustainable”

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the staff of the Ridgewood blog

 

Trenton NJ, New Jersey lawmakers  passed a record $46.4 billion budget, 15% higher than last year, loaded with a bigger pension payment, tax givebacks for the public and funds to pay down the state’s debt, among other spending.

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Governor Murphy budget will do great damage to New Jersey businesses and taxpayers

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the staff of the Ridgewood blog

Trenton NJ, NJBIA President and CEO Michele Siekerka issued the following statement regarding the revised FY2021 State Budget signed today by Gov. Phil Murphy.

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Halloween Comes Early : Governor Murphy’s Scary State Budget Taxes ,Taxes and More Taxes

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the staff of the Ridgewood blog

Trenton NJ, NJBIA President and CEO Michele Siekerka issued the following statement regarding today’s announcement of an agreement between Governor Murphy and legislative leadership to expand the base of those will pay the state’s gross income tax rate from 8.97% to 10.75%.

“This tax increase in exchange for suggested middle class relief is a gimmick that further verifies what we have said all along – increased taxes were always completely unnecessary as part of the FY2021 budget that already includes billions in bonding.

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