Re: Sweeney proposes slapping payroll tax on Jersey City businesses to fund schools

Posted by Stringer on 2018/6/9 0:36:06

Jersey City biz groups criticize plan for payroll tax

 A plan to implement a payroll tax in Jersey City has alarmed business owners and industry groups who say it would limit Jersey City's competitiveness and aggravate an already inhospitable tax environment.

The plan, which is moving swiftly through the state Legislature, would allow the city to impose a 1 percent tax on a business' payroll, with potential exceptions for the wages of city residents. Proposed as a way to fund Jersey City's public-school district, it was approved on a party-line vote by a state Senate committee on Monday.

http://www.nj.com/jjournal-news/index ... y_biz_groups_critici.html


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