Murphy claims bi-partisan support for property tax/charity scheme. Republicans disagree, call for NJ reforms

Marlboro, NJ-With Belmar Mayor Matt Doherty looking like Chris Christie standing behind Donald Trump on Super Tuesday — and four other Democrat mayors standing behind him, Governor Phil Murphy today declared he had bi-partisan support for his plan to have the state’s municipalities set up charities to accept donations in lieu of property taxes.  Murphy said that the recent income tax reform passed by Congress and signed into law by President Trump is a tax increase on New Jersey’s middle class.   The scheme he is proposing would, if allowed by the IRS, reverse the impact of the tax reform law’s $10,000 cap on the state and local tax (SALT) deduction.

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Posted: February 9th, 2018 | Author: | Filed under: Monmouth County News, New Jersey, Phil Murphy | Tags: , , , , , , , , , , , , , , , , | 2 Comments »

New Jersey Gov. Christie, seeking revenue, ends 40-year tax agreement with Pa.

assetContentTRENTON, N.J. — New Jersey Gov. Chris Christie is scrapping an agreement between New Jersey and Pennsylvania that has allowed taxpayers to pay income tax in the state where they live, not where they work. The Christie administration on Friday notified officials in Harrisburg, Pa., that the governor was nixing the agreement. That means wealthy Pennsylvania… Read the rest of this entry »

Posted: September 3rd, 2016 | Author: | Filed under: New Jersey | Tags: , , , | Comments Off on New Jersey Gov. Christie, seeking revenue, ends 40-year tax agreement with Pa.

Tax Day 2015: Only one post office in N.J. will stay open late

assetContentOnly one post office in New Jersey will keep its doors open late for those last-minute filers on Wednesday’s IRS holiday. After a decade of decline in paper returns and the ride of electronic filing, only 112 locations across the country will offer extended hours on Tax Day, according to the United State Post Office. Bellmawr… Read the rest of this entry »

Posted: April 14th, 2015 | Author: | Filed under: IRS, Taxes | Tags: , , , | Comments Off on Tax Day 2015: Only one post office in N.J. will stay open late