Battle Over Whether To Tax The State's Millionaires Wages On

Patch — May 15, 2019

By Michael Hill, Correspondent

A group called the Patriotic Millionaires joined New Jersey Working Families, New Jersey Citizen Action, Make the Road New Jersey, and New Jersey Policy Perspective in demanding lawmakers leave the millionaire's tax in Gov. Phil Murphy's budget for the next fiscal year.

The advocates say the state may be doing well right now in tax collections, but New Jersey needs more money for schools, infrastructure, NJ Transit, environmental cleanup and much more.

The Patriotic Millionaires say the people who work under the gold dome of the state house in Trenton need to show New Jerseyans a little courage. Four times then-Republican Gov. Chris Christie vetoed the millionaire's tax that the still-Democrat-controlled Senate and Assembly approved.

But the New Jersey Business and Industry Association says another tax is not the answer. It predicts lawmakers will remove the millionaire's tax from the budget. Among those leading the charge against the tax is Senate President Steve Sweeney.

Lawmakers and the governor have until June 30 to agree on spending for the next fiscal year.

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