Taxes

Gov. Phil Murphy proposes a $44.8 billion budget for fiscal 2022, fueled by a surplus propped up by borrowing, that includes no new tax or fee increases.

School funding is back before the state Supreme Court, which has been asked by the Education Law Center to order Gov. Phil Murphy and the Legislature to provide more money for school construction by the end of June.

Property taxes went up by $158 for the average New Jersey homeowner last year, according to figures compiled by the Townsquare News Network. The total jump in the tax levy was the most in 10 years.

New legislation gives a wider window of time before business tax rates spike to try and replenish the state's Unemployment Trust Fund.

A new report finds casual smugglers are going to states with low tobacco taxes to buy cigarettes and bring them back to New Jersey.

The Transportation and Climate Initative would be an alliance of Northeast and Mid-Atlantic states. It could add 17 cents to a gallon of gas.

The report, which evaluates funding fairness and effectiveness under the state's School Funding Reform Act, suggests New Jersey was spending less aggregate personal income on K-12 education in 2018 than it was prior to the Great Recession.

TRENTON — Gov. Phil Murphy paid about $1 million in state and federal taxes in 2019 on roughly $2.7 million in income, according to a summary of his tax returns released by his office.

A bill being introduced in Trenton this week by Republican lawmaker would put an end to the taxation of masks in New Jersey.

Voters will decide whether to expand the $250 veterans’ property tax deduction by making veterans eligible even if they didn’t serve during a time of war.