TRENTON, N.J. – The top Democrat in the Senate last week suggested extending a corporate surtax during the lame duck session to fund NJ Transit, which Assemblyman Christopher DePhillips called predictable, but devastating for New Jersey’s economy. DePhillips, a longtime sponsor of legislation to cut the corporate business tax,...
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TRENTON, N.J. – Democrats have not appointed a task force to implement tax relief for New Jersey’s senior population. The StayNJ task force was supposed to submit a report to the legislature on their progress over the past quarter on Sept. 1. Now, over two months later, there isn’t...
TRENTON, N.J. – Assemblyman Christopher DePhillips is challenging Gov. Phil Murphy’s misleading claims that his fiscal year 2024 budget proposal cuts taxes by allowing the corporate business tax surcharge to sunset. “Governor Murphy is taking a victory lap for following the law to drop the surcharge on corporations at...
TRENTON, N.J. – It may be Valentine’s Day, but the NJ Assembly GOP’s new viral video makes it clear there is no love lost between New Jersey Republican policies and Democrat priorities. Given the timeline of Democrat budget blunders, the state simply cannot afford to repeat history, says Assembly...
TRENTON, N.J. – For the sixth year in a row, the Tax Foundation ranked New Jersey last for overall business tax climate in their 2023 report –an annual index that shows how well states are structuring their tax systems. Assemblyman Christopher DePhillips, a longtime advocate for corporate tax reform,...
TRENTON, N.J. – Assembly Republicans explain how the cost of living increases under Gov. Phil Murphy are making more New Jersey residents low-income in the latest episode of “<Three” released Wednesday. Despite touting a ‘stronger and fairer New Jersey,’ 80% of the taxes Murphy has raised since taking office...
TRENTON, N.J. – Assembly Republican Leader John DiMaio has been critical of the budget, and again pointed out that the state budget is full of tax relief gimmicks and unsustainable spending as Gov. Phil Murphy signed the $50.6 billion fiscal year 2023 budget. “Governor Murphy likes to say this...
TRENTON, N.J. – The state’s annual Comprehensive Financial Report for fiscal year 2021 was released Wednesday, which shows New Jersey’s debt for pensions and health benefits is soaring despite rhetoric to the contrary from the Murphy administration. “This goes to show that everything the Governor and his administration have...
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...
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...