Open Modal
curtis-sliwa-asom-new_1080x1080-no-time-3

On Air Now

Another Side of Midnight with Curtis Sliwa
Sat & Sun 12-6AM
logo-1071-talkradio-png-2
curtis-sliwa-asom-new_1080x1080-no-time-3

On Air Now

Another Side of Midnight with Curtis Sliwa
Sat & Sun 12-6AM

Murphy, lawmakers agree to tax rich, offer $500 rebates

syndication-northjersey-87

Syndication: NorthJersey

TRENTON, NJ (AP) — New Jersey Governor Phil Murphy says he and fellow Democratic legislative leaders have agreed to raise income taxes on millionaires while also giving about 800,000 families a $500 tax rebate.

Murphy announced the deal Thursday alongside Assembly Speaker Craig Coughlin, Senate President Steve Sweeney and Lt. Gov. Sheila Oliver. The agreement fulfills a core campaign promise Murphy made of raising taxes on the wealthy.

Murphy says the rebate would go to single people with at least one child and earning up to $75,000 and to families making up to $150,000.

WABC Top Stories

Loading...
sports_video_header3