NJ Residents to Get ‘Significant’ New Tax Cuts, Murphy Says

New Jersey Governor Phil Murphy said residents can expect “significant tax cuts” even after the state passed a $2 billion property tax rebate program last year.

“We delivered, I think at this point, 14 or 15 tax cuts already for the middle class, for seniors, for families, and we’re not going to relent,” Murphy said Thursday in an interview on Bloomberg Television’s “Balance of Power With David Westin.” “We are looking at other tax cuts.”

WATCH: “Absolutely no new taxes,” New Jersey Governor Phil Murphy says on Bloomberg Television.

Source: Bloomberg

The second-term governor, a 65-year-old Democrat and retired Goldman Sachs Group Inc. senior director, came to office in January 2018 with promises to revive ...