TRENTON, N.J. – Following Governor Murphy’s budget address this morning, Assemblywoman Serena DiMaso criticized yet another inflated budget without substantial tax relief or long-term solutions. She advocated for more property tax relief and school funding.
“Once again Governor Murphy has disappointed the taxpayers in our beautiful state,” said DiMaso (R-Monmouth), who is on the Assembly Budget Committee. “He has already raised taxes by more than three-and-a-half billion dollars and is holding over two-billion dollars in federal aid from the CARES Act. Now he puts forward a budget that raises eight taxes and spending without any belt tightening. Not only does this budget rely on four-billion dollars in borrowing and one-billion in tax increases, but it also fails to provide greater help to towns, causing local governments and school boards to make up the difference with property-tax payers, yet again, footing the bill.
“Today’s budget does nothing more than kick the can down the road and mortgage our children’s futures while placing even more weight on the back of our already suffering small-business community.”