Factbox: Details of broad proposals in New Jersey governor's budget

By Hilary Russ TRENTON, N.J. (Reuters) - New Jersey Governor Phil Murphy presented his first budget on Tuesday since taking office in January. The broad tax and spending proposals in the $37.4 billion budget turn sharply from eight contentious years under previous Republican Governor Chris Christie. Here are details of some of Murphy's policy proposals for the fiscal 2019 budget: REVENUES *A 10.75 percent tax on annual incomes over $1 million would generate $765 million of revenue, affecting about 20,000 residents and 19,000 non-residents. ......

9 Published By - Yahoo! News - U.S. News Headlines - 2018.03.13. 23:12
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