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Garden State Times

Tuesday, May 14, 2024

Business groups are applauding Gov. Phil Murphy’s call in his proposed budget for no new taxes

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Free to use Quote Box onTop of Stack of Paper Bills | Karolina Grabowska

Free to use Quote Box onTop of Stack of Paper Bills | Karolina Grabowska

NJ Spotlight News released an article stating: 

Business groups are applauding Gov. Phil Murphy’s call in his proposed budget for no new taxes. And they support the governor’s intention to sunset the corporate-business tax surcharge at the end of this year. At the same time, they say the overall business tax rate in New Jersey is still too high.

And the Southern New Jersey Chamber of Commerce and the Commerce and Industry Association of New Jersey both raised concerns about the overall spending level of the proposed budget.

Click here to read more: https://www.njspotlightnews.org/.../business-report.../ 

Original source can be found here.

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