In the end, it took a worldwide pandemic – plus a plan for $500 checks to middle-class families in an election year – to get a millionaires tax back on the books in New Jersey.
The Legislature begins its review of Gov. Phil Murphy’s budget Tuesday, with the typical four-month marathon turned into a sprint concluding in three weeks.
Gov. Phil Murphy hasn’t yet said what changes will be made in the overhauled 2021 state budget, though he has indicated a few times that he’d still like it to include an increase in the millionaires tax.
Gov. Phil Murphy made a veiled reference to seeking re-election in a State of the State that promised details on an agenda for 2020 in the weeks ahead.