NJ Dem Gov Phil Murphy Says Taxes "Can Come Down," Even Though He Just Proposed Massive Tax Hike

Dem Gov. Phil Murphy just proposed a budget that includes a $1.6 billion tax hike.

The Washington Free Beacon has details:

New Jersey Gov. Phil Murphy (D.) said Wednesday that he believes taxes in his state can go down, despite his recent budget proposal that asks for $1.6 billion in new taxes.

MSNBC's "Morning Joe" co-host Willie Geist told Murphy that many people who he knows and corporations have complained about the tax burden in the Garden State and asked the governor what he is doing to "alleviate" some of the financial burdens on them.

"This is a state on its best day that was a good value for money state. You never went to New Jersey because it was a low-cost place. You went there because you got a rich basket of stuff back for that," Murphy said. "The problem is over the years the premium has gone up, up, and up and the basket has shrunk, so I view my job as getting control of the premium, growing the economy, cracking the back of property taxes in particular, and then investing in the middle class in that basket of stuff."

Geist followed up by asking Murphy whether he thinks taxes will come down.

"I think they can come down," Murphy said. "We have to grow the economy, though, and I'm optimistic we can. We're a state that used to rely on the innovation economy. We were Silicon Valley in many respects before there was a Silicon Valley. Infrastructure's a big deal for us given our location. I think if we can reclaim those economies, we're going to get this thing rocking again."

Murphy did not provide specifics about how his administration will lower taxes when his budget proposal, unveiled last month, asks for $1.6 billion in new taxes. The taxes would affect the wealthy and retail purchases of everyone in the state, according to NorthJersey.com.


19 hours ago

Democrats Introducing Legislation To Pack Supreme Court With 4 New Justices, Report Says

House and Senate Democrats are reportedly preparing to unveil legislation on Thursday to pack the Supreme Court with four new justices

20 hours ago

Whitmer defends DHHS director vacationing out of state without being fully vaccinated

The head of the Michigan health department recently traveled to Alabama without being fully vaccinated as the state grappled with the worst COVID-19 trends in the nation.

22 hours ago

Murphy planning to send $40M to New Jersey’s undocumented immigrants

Gov. Phil Murphy is considering an executive order that would send $40 million to undocumented immigrants in New Jersey, according to a report.

1 day, 15 hours ago

The border crisis in our states was created by the Biden administration

The Biden administration recently made an astonishingly out-of-touch statement: “The border is secure.”

1 day, 20 hours ago

DeSantis: '60 Minutes' showed contempt for viewers, they should admit vaccine story was false

'Admit that it was false. That’s the responsible thing to do,' DeSantis said

2 days, 15 hours ago

New Mexico governor settles with former campaign aide over claim of unwanted sexual behavior

New Mexico Gov. Michelle Lujan Grisham (D) has reportedly reached a settlement with a former spokesperson for her 2018 gubernatorial campaign