The New Jersey Assembly has passed tax increases on liquor, cigarettes, businesses and the wealthy. Votes on $2.8 billion in revenue raisers are required in the Assembly then Senate before lawmakers can consider the $29 billion state budget Thursday. The spending plan includes property tax relief for 1.1 million seniors and low-income residents. The last-minute relief was possible because a tax amnesty program collected nearly $500 million from corporations and individuals. About half the residents who got rebates last year will see checks this fall. Those making more than $75,000 and renters will lose their rebates. Assembly Republicans objected to every tax increase bill. AP.
NJ Assembly Passes Tax Increases
This content, and any other content on TLS, may not be republished or reproduced without prior permission from TLS. Copying or reproducing our content is both against the law and against Halacha. To inquire about using our content, including videos or photos, email us at [email protected].
Stay up to date with our news alerts by following us on Twitter, Instagram and Facebook.
**Click here to join over 20,000 receiving our Whatsapp Status updates!**
**Click here to join the official TLS WhatsApp Community!**
Got a news tip? Email us at [email protected], Text 415-857-2667, or WhatsApp 609-661-8668.
Stay up to date with our news alerts by following us on Twitter, Instagram and Facebook.
**Click here to join over 20,000 receiving our Whatsapp Status updates!**
**Click here to join the official TLS WhatsApp Community!**
Got a news tip? Email us at [email protected], Text 415-857-2667, or WhatsApp 609-661-8668.