Murphy Makes Good on Tax Increase Promises by Raising Sales Tax in New Jersey

Murphy Makes Good on Tax Increase Promises by Raising Sales Tax in New Jersey

Gov. Phil Murphy is set Tuesday to unveil his first state budget proposal that will include more than $1.5 billion in new revenue from taxes and closing loopholes, including a small spike in the state’s sale tax, NJ Advance Media has learned. The extra revenue would also come from a proposed millionaires tax, closures of corporate…