The wealthiest 2 percent of businesses should be paying more when New Jerseyans are struggling – not getting a tax cut, advocates say.
On Friday, members of the For The Many New Jersey coalition sent a letter to Gov. Phil Murphy and other officials, urging them to renew the state’s corporate business tax surcharge.
NEW JERSEY — Preschool for 37,000 kids. Nearly 5,000 affordable housing units. An estimated 1,500 electric school buses. Doubling the state’s college tuition assistance. These are some of the things that New Jersey could pay for if it extends a “corporate millionaire’s tax” for some of its largest businesses, advocates say.
On Friday, members of the For The Many New Jersey coalition sent a letter to Gov. Phil Murphy, Senate President Nicholas Scutari, Assembly Speaker Craig Coughlin and members of the Senate and Assembly Budget Committees. Their demand? Keep the juice running on the state’s corporate business tax surcharge.
The letter, which can be seen here, was signed by 28 organizations and labor unions, including: ACLU of New Jersey, 32BJ SEIU, BlueWaveNJ, Clean Water Action, CWA District 1, Environment New Jersey, Healthy Schools Now NJ, Housing and Community Development Network of NJ, Jersey Renews Coalition, Latino Action Network, League of Women Voters of New Jersey, Lutherans Engaging in Advocacy NJ, Make the Road New Jersey, New Jersey Alliance for Immigrant Justice, New Jersey Citizen Action, New Jersey Education Association, New Jersey Institute for Social Justice, New Jersey Policy Perspective, NJ 11th For Change, NJ Work Environment Council, NJWFP, Our Children/Our Schools, Our Revolution New Jersey, Save Our Schools NJ, State Revenue Alliance, Unidad Latina en Acción NJ, Voters of Tomorrow New Jersey, Wind of the Spirit Immigrant Resource Center.