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NJ Sales Tax Cut Proposed: Assemblyman DePhillips Seeks to Lower Rate to 6% to Boost Affordability

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The Affordability Crisis Meets the Sales Tax

the staff of the Ridgewood blog

Ridgewood NJ, As New Jersey lawmakers increasingly prioritize “affordability,” Assemblyman Christopher DePhillips (R-Bergen) is putting those talking points to the test. On Thursday, DePhillips introduced new legislation designed to cut the state’s sales and use tax rate from 6.625% down to 6%.

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