Wall Street Journal: New Jersey Is Latest State to Push Tax Relief Despite Economic Uncertainty
media mentionNew Jersey Gov. Phil Murphy on Tuesday will propose another $2 billion in property-tax rebate checks as part of a $53 billion state budget, a state treasury official said, making it the latest state to push ahead with tax-relief proposals despite recession concerns.
Measures under discussion in more than a dozen states vary widely but the trend cuts across political divides: Governors and state lawmakers are looking for ways to give taxpayers a break.