Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

N.J. tax breaks coming thanks to huge surplus, Murphy and top Dems announce
nj.com ^ | 06/21/2021 | Samantha Marcus and Brent Johnson

Posted on 06/22/2021 6:59:01 AM PDT by ChicagoConservative27

After more than a week of state budget negotiations, Gov. Phil Murphy and Democratic legislative leaders on Monday announced a deal to increase a popular property tax relief program and expand earned income, child and dependent care tax breaks in New Jersey.

The agreement also follows through on their promise to send income tax rebates of up to $500 to many low- and middle-income taxpayers who have dependents in exchange for a tax increase on high-income earners.

(Excerpt) Read more at nj.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: murphy; newjersey; surplus; taxbreaks
HAHAHA surplus???? That so called surplus is printed money from diapers Biden.
1 posted on 06/22/2021 6:59:01 AM PDT by ChicagoConservative27
[ Post Reply | Private Reply | View Replies]

To: ChicagoConservative27

Well pack my bags and watch out garden state. The influx of folks moving there should be YUGE! NOT!


2 posted on 06/22/2021 7:03:06 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

I am thinking it would be smart for the citizens to pass a TABOR type amendment to their state constitution.


3 posted on 06/22/2021 7:04:20 AM PDT by taxcontrol (You are entitled to your opinion, no matter how wrong it is.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

Just the Democrats moving money around from Red to Blue again


4 posted on 06/22/2021 7:04:35 AM PDT by butlerweave
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

Surplus during the lockdown? Yeah, right. I wonder from where they got all that extra tax revenue.


5 posted on 06/22/2021 7:05:43 AM PDT by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

“It appeared that there had even been demonstrations to thank Big Brother for raising the chocolate ration to twenty grams a week. And only yesterday […] it had been announced that the ration was to be reduced to twenty grams a week. Was it possible that they could swallow that, after only twenty-four hours? Yes, they swallowed it. [...] The eyeless crature at the other table swallowed it fanatically. passionately, with a furious desire to track down, denounce, and vaporize anyone who should suggest that last week the ration had been thirty grams. Syme, too-in some more double complex way, involving doublethink-Syme, swallow it. Was he, then, alone in the possession of a memory?”

― Orwell George, 1984


6 posted on 06/22/2021 7:06:32 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

How many votes will $500 buy? Enough to purchase NJ? $1400 delivered GA to the D column


7 posted on 06/22/2021 7:09:12 AM PDT by griswold3 (NBA/ Plumlee Ball. = poor entertainment value while insulting the audience gets you broke )
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

I wonder if the change is enough to knock it out of first place as the state with the highest effective property tax rate in the US? (https://www.usnews.com/news/best-states/articles/2021-02-23/these-states-have-the-highest-property-taxes)


8 posted on 06/22/2021 7:10:15 AM PDT by econjack
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27
HAHAHA surplus???? That so called surplus is printed money from diapers Biden.

Yup.

Meanwhile the high inflation and low interest rates are destroying their money.

9 posted on 06/22/2021 7:14:11 AM PDT by FreeReign
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

Buying votes for next year, eh?


10 posted on 06/22/2021 7:18:00 AM PDT by Redleg Duke (Where are all the Biden voters, proudly praising his accomplishments?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

How about sending an equal percentage of tax surplus back to those that paid income tax. I know, I know, it’s a radical idea, but it just might work and be fair to the taxpayers.


11 posted on 06/22/2021 7:34:07 AM PDT by VTenigma (The Democrat party is the party of the mathematically challenged )
[ Post Reply | Private Reply | To 1 | View Replies]

To: rktman

We’re headed out to Cape May in 10 days

If you’ve ever been down to the southern Jersey shore it’s quite an amazing place

The entire coast line is filled with multi million dollar homes where people are there three months a year


12 posted on 06/22/2021 7:34:30 AM PDT by Truthoverpower (Arizona !!!! Now the TRUMP TRAIN is getting back on TRACK ! TRUTH! FREEDOM ! LIBERTY! )
[ Post Reply | Private Reply | To 2 | View Replies]

To: ChicagoConservative27

Surplus due to bailout. And don’t worry that “surplus” will be a deficit by next year. Fed government is an enabler for states like NJ.


13 posted on 06/22/2021 7:36:34 AM PDT by Baldwin
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

But the money from Biden can’t be used for tax breaks. /s


14 posted on 06/22/2021 7:39:28 AM PDT by pas
[ Post Reply | Private Reply | To 1 | View Replies]

To: Truthoverpower

No doubt there are places in NJ that are gorgeous. Went on a business trip to Boonton in the early 80’s. Pretty country. Crap politics.


15 posted on 06/22/2021 7:40:42 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this?)
[ Post Reply | Private Reply | To 12 | View Replies]

To: Truthoverpower

For years now more and more of those homes are winterized and lived in year-round; many Americans left my area (a dozen miles west of NYC) and moved down there. The problem was many still had to work up here, so the commute is horrible. Also, as they moved there the towns had to deal with increased student bodies, so they were basically re-creating the high costs up here - just had less teachers making $100,000 for 180 days of work because many were newer hires.


16 posted on 06/22/2021 7:41:34 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
[ Post Reply | Private Reply | To 12 | View Replies]

To: ChicagoConservative27

Tax breaks? Must be election year. They’ll be gone soon enough and the crushing increases will start next spring, no doubt about it.


17 posted on 06/22/2021 7:46:54 AM PDT by pepsi_junkie (Often wrong, but never in doubt!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Truthoverpower
The entire coast line is filled with multi million dollar homes where people are there three months a year

Drive there in Summer and look at license plates. Long Beach Island and north is all New York plates. South of Long Beach Island it's all PA plates. The jersey shore is colonized by rich people from NYC and Philadelphia. It's priced out of the range of most New Jersey residents. We end up renting.

18 posted on 06/22/2021 7:49:55 AM PDT by pepsi_junkie (Often wrong, but never in doubt!)
[ Post Reply | Private Reply | To 12 | View Replies]

To: ChicagoConservative27

A surplus means they have taken too much in the first place.


19 posted on 06/22/2021 9:29:08 AM PDT by JimRed (TERM LIMITS, NOW! Militia to the border! TRUTH is the new HATE SPEECH.)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson