Archive for Tag: Revenue

Assembly GOP leaders talk taxes, spending and Murphy’s upcoming budget

TRENTON, N.J. – Assembly Republican Leader John DiMaio and Conference Leader Christopher DePhillips denounced balancing the state budget through tax and fare hikes in advance of Gov. Phil Murphy’s seventh budget message on Thursday. A budget deficit, shrinking tax revenue, inflation and a loss of federal aid has Democrats...

Read More

DiMaio criticizes Coughlin’s tax relief proposal as another government gimmick, says N.J. needs tax cuts

TRENTON, N.J. – Assembly Republican Leader John DiMaio was critical of Speaker Craig Coughlin’s statement promising to use the surging surplus to fund the ‘largest tax relief program in state history’ as another short-term government gimmick that does little to address the root causes of New Jersey’s affordability crisis. “A...

Read More

Upcoming budget address predictable, says Wirths

TRENTON, N.J. – The unprecedented two-week delay Gov. Phil Murphy requested to deliver his budget message won’t change the result much according to Assemblyman Hal Wirths, the Assembly Republican budget officer. “Murphy will possibly announce three or four billion dollars in unexpected revenue because he and the Democrats have...

Read More