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2017 12 13 Elizabeth Muoio SGov.-elect Phil Murphy will announce Wednesday he will nominate a Democratic first-term state assemblywoman and local government official to become New Jersey's next state treasurer, two sources with knowledge of the decision confirmed to NJ Advance Media.

 

2017 12 13 Trump SCongressional Republicans agreed Wednesday to gut the federal deduction for state and local taxes -- a major tax break for middle-class families, especially in New Jersey -- while giving wealthy Americans a bigger tax cut.

 

2017 12 08 Tax impact by county SNew Jersey homeowners would pay the biggest price under the Senate Republican tax plan, according to an independent analysis.

Twelve of the 20 counties expected to suffer the biggest drop in home prices are in the Garden State, according to a study by Moody's Analytics reported in Slate magazine.

 

2017 12 089 Housing blow SUsually, Tom Bracken said, he would do cartwheels over a plan to cut corporate taxes.

Instead, this week the president of the New Jersey Chamber of Commerce blasted the Republican tax plan now nearing the finish line, saying it would harm property values in the Garden State and discourage quality workers from moving there.

“It’s going to make it more expensive to live here,” Bracken said on a media call.

 

2017 12 7 Gov Christie SGov. Chris Christie, who will contribute $2.5 billion to the government worker pensions this year, said Wednesday that money alone will not save the pension system. "It's only the reforms that are going to change this problem" said Christie, who leaves office next month.

 

2017 12 05 Gottheimer Lance SA bipartisan pair of New Jersey congressmen made a pitch Tuesday to save the federal deduction for state and local taxes, a write-off that helps make the Garden State more affordable and that would be sharply curtailed in the overhaul of the tax code President Donald Trump wants to sign by Christmas.