Archive for Tag: corporate business tax surcharge

DePhillips introduces bill eliminating CBT surcharge

TRENTON, N.J. – New Jersey’s nation-worst business ranking has come to be expected annually, but surprisingly that has not deterred the state’s leaders from piling on. In last year’s budget deal a 2.5 percent surcharge was levied on businesses earning over $1 million that would sunset after four years. ...

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