Chiera responds to Murphy’s plan to tax all millionaires

AFTNJ President Donna M. Chiera has issued the following statement on New Jersey Gov. Phil Murphy’s proposed tax on all millionaires that is part of his fiscal year 2021 budget:

“With working families across New Jersey struggling to make ends meet, it’s imperative that the economic gap in the Garden State is not widened as a result of the pandemic. Gov. Phil Murphy’s plan to apply the highest marginal tax rate to all millionaires is a great step toward lessening that gap, and we encourage him, Senate President Stephen M. Sweeney and Assembly Speaker Craig J. Coughlin to work together in finalizing a fiscal year 2021 budget that provides the services New Jersey residents need and deserve.”