Institute on Taxation and Economic Policy

New Jersey Policy Perspective: State Treasurer Confesses: Our Job is To Protect Millionaires

ITEP Work in Action • By ITEP Staff

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In case it remained a mystery to anyone, the administration’s plan for economic growth was made clear by Treasurer Andrew Sidamon-Eristoff at a New Jersey Business and Industry Association breakfast last Tuesday. To paraphrase the treasurer, the state’s job is to protect its approximately 15,000 millionaires by cutting their taxes.

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