Archive for Tag: millionaires tax

Wirths doubts Murphy’s millionaire’s tax will move forward after COVID-19

TRENTON, N.J. – Gov. Phil Murphy’s third attempt to institute a millionaire’s tax won’t likely get legislative support as the state braces for significant drop-offs in the collection of taxes, said Assemblyman Hal Wirths. “There aren’t as many millionaires now with the economic downturn,” said Wirths (R-Sussex). “And those...

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Wirths delivers play-by-play on N.J. taxes as Murphy plans second push for income tax hike

TRENTON, N.J. – As Gov. Phil Murphy prepares to roll out his plan to hike income taxes when he presents his 2020 budget to the state Legislature Tuesday, Assemblyman Hal Wirths, a former labor commissioner and small business owner, breaks down the taxes Democrats have raised. “Governor Murphy’s first...

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