![Faulty Forecasting by the Murphy Administration Leads to an Enormous Business Payroll Tax Increase Screen Shot 2018 09 11 at 2.50.12 PM 768x454 1](https://theridgewoodblog.net/wp-content/uploads/2020/05/Screen-Shot-2018-09-11-at-2.50.12-PM-768x454-1.png)
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.