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Proposed N.J. budget seeks billions in tax relief, higher tax on big corporations

Posted on AllSides February 27th, 2024
From The Center

From Camden and Cherry Hill to Trenton and the Jersey Shore, what about life in New Jersey do you want WHYY News to cover? Let us know. Gov. Phil Murphy’s proposed $56 billion dollar budget for 2025 is the largest in the state’s history and is 5% bigger than last year’s financial plan. The proposal presented Tuesday includes more than $2 billion in funding for another round of ANCHOR property tax relief for homeowners and renters. It also seeks funding to offer tax rebates to seniors and disabled residents and...

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