NJGOP Chairman To Governor Murphy: Let’s Take Tax Hikes Off The Table
December 19, 2018NJGOP Chairman To Governor Murphy: Let’s Take Tax Hikes Off The Table
Trenton, NJ – Earlier today at a news conference, Governor Phil Murphy refused to rule out the prospect of another tax hike on New Jersey residents in 2019.
During his first year as Governor, Murphy and legislative Democrats raised over a billion dollars in taxes on corporations and job creators. Consequently, we saw Honeywell, Inc. relocate its corporate headquarters out of state and Amazon chose New York and Virginia, over New Jersey, as the location for its HQ2.
New Jersey Republican Chairman Doug Steinhardt made the following observations. “When leaders speak of tax increases, even casually, it breed economic uncertainty, especially in a tax climate as unfriendly as New Jersey’s,” said Steinhardt. “If we don’t take indiscriminate tax hikes off the table, then businesses and the well-paying jobs that come with them will take New Jersey off the table. It’s just that simple.”
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