Archive for Tag: corporate transit fee

DePhillips demands NJ Transit audit as Dems consider increasing sales and corporate taxes in budget

TRENTON, N.J. – Assembly Republican Conference Leader Christopher DePhillips is calling on legislative leaders to take tax increases off the table as Democrats discuss hiking the sales tax to fund NJ Transit during the final weeks of state budget negotiations. Instead, DePhillips wants to do a top-to-bottom review of...

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Bergen blasts NJBIA for sales tax increase advocacy

TRENTON, N.J. – Assemblyman Brian Bergen challenged the NJBIA’s policy positions and attacked its advocacy efforts on Wednesday after they suggested an increase in the state sales tax rate to 7% as a solution to NJ Transit’s budget deficit. During a press conference on Tuesday, Michele Siekerka, president of...

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DiMaio says sales tax hike just as bad for business as transit fee

TRENTON, N.J. – Raising the sales tax to fund NJ Transit’s budget deficit is a proposal staunchly opposed by Assembly Republican Leader John DiMaio. Lobbyists pitched the idea of raising the tax from 6.625% to 7% to replace Gov. Phil Murphy’s corporate transit fee that will fund NJ Transit...

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