The related tax-cut bills — and another that would shield most retirement-savings contributions from state income taxes — were introduced at the start of the year but have not been posted for votes by the Democratic leaders who control the Assembly’s agenda. Bucco suggested a report released earlier this month by the left-leaning Institute on Taxation and Economic Policy that found middle-income taxpayers in New Jersey pay a higher effective tax rate than any other group — including the top 1 percent of earners — as a reason to begin prioritizing adoption of the GOP bills.
Related Reading
February 9, 2026
What Did 2025 State Tax Changes Mean for Racial and Economic Equity?
February 2, 2026
State Tax Watch 2026
Related Tags
Who Pays?Mentioned Locations
New Jersey