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

Posted by Stringer on 2018/6/30 3:25:03

Jersey City payroll tax waiting for gov's signature

The proposed Jersey City payroll tax awaits Gov. Phil Murphy's signature, but it's unclear whether it will become law.

The plan, which would allow for a maximum 1 percent tax on a Jersey City business' total payroll, was dreamed up as a way to offset potential cuts in state aid to the city's public school district. Those cuts are part of a school funding formula bill proposed by Democratic state Sen. President Stephen Sweeney and also awaiting Murphy's pen. ... y_payroll_tax_waitin.html

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