Archive for Tag: bracket creep

VIDEO: Move aside Mr. Grinch, NJ has inflationary tax hikes

TRENTON, N.J. – Record-high inflation, New Jersey’s built-in income tax hikes, and a Democrat-controlled government combine to create a mean holiday Grinch. Consumers in New Jersey are feeling the extra squeeze this season, because Trenton Democrats have rejected calls to index income taxes to inflation, say Assembly Republicans. This...

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Assembly GOP leaders put income, property tax cuts to a vote

TRENTON, N.J. – The Democrats’ support of a more affordable New Jersey was put to a vote on Thursday when Republican leaders pressed the Assembly majority to advance bills cutting income taxes and providing immediate property tax relief. The bills are part of the Assembly GOP’s proposals to combat...

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