Archive for Tag: corporate business tax surcharge

DePhillips: Murphy serves up corporate business tax hike lite to satisfy appetite for spending

TRENTON, N.J. – Assemblyman Christopher DePhillips denounced Gov. Phil Murphy’s rebranded corporate surtax, announced as a transit fee in Tuesday’s budget message, and said applying it to higher earning businesses will still have devastating consequences for the state’s economy. “Make no mistake, this so-called transit fee is the corporate...

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Lame duck is scariest time of year at NJ Statehouse

TRENTON, N.J. – Put down that pumpkin spice and grab some garlic, because it’s almost the most terrifying time of year at the Statehouse in Trenton. Lame duck, the months after an election and before a new legislative session, is when the Democrat majority tries to push through the...

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