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MASSIVE NEW PROPERTY AND SALES TAX INCREASES COMING FOR NEW JERSEY TAXPAYERS TAXPAYERS

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Assemblywomen Holly Schepisi

River Vale NJ, As of the end of 2019, New Jersey owed $44.4 billion in bonded debt obligations and combined with nonbonded long-term obligations — such as all the money owed to retired public workers who’ve been promised a pension in New Jersey — well over $200 billion, roughly five times the size of the state’s annual budget.

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