By Geoffrey Weinstein, Juliya Ismailov and Reuben Muller ( May 15, 2019, 2:54 PM EDT) -- On March 5, 2019, the New Jersey governor's fiscal year 2020 budget was released.[1] Since then, Gov. Phil Murphy has been actively promoting his budget proposal, particularly on lowering the threshold for the 10.75% millionaires' tax from $5 million income to $1 million — the new millionaires' tax....
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