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Money

Bramnick: Study Showing N.J. Tax Revenue Loss Should End Any Discussion on Raising Income Taxes

Bramnick: Study Showing N.J. Tax Revenue Loss Should End Any Discussion on Raising Income Taxes
BY RICHARD SAVNER
SPECIAL TO NEWJERSEYNEWSROOM.COM

Assembly Republican Leader Jon Bramnick, R-Union, Somerset and Morris, said the recent report issued by RegentAtlantic Capital, based in Morristown, that New Jersey lost almost 88,000 taxpayers with income of $5.5 billion to other states in 2010 should dispel any suggestion of raising the state’s income tax. The report is based on data from the Internal Revenue Service.

“The recent report on New Jersey’s out-migration on tax filers and lost revenues should end any discussion on raising income taxes,” said Bramnick.

 

Mega Millions Winning Numbers for $400 Million

Mega Millions Winning Numbers for $400 Million
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

There will be a life-changing jackpot up for grabs at the next Mega Millions drawing scheduled for 11:00 p.m. on Tuesday, March 18.

After nobody won the grand prize for ...

Villainous Coin Collector: Ex-N.J. Inspector Admits to Stealing $460,000 in Quarters

Villainous Coin Collector: Ex-N.J. Inspector Admits to Stealing $460,000 in Quarters
BY ALEXIS BUSSEY
NEWJERSEYNEWSROOM.COM

A former public works inspector for Ridgewood, N.J., has admitted to stealing a whopping $460,000 in quarters. Thomas Rica pocketed 1.8 million individual quarters...

Lowering College Costs in N.J. Proposed by N.J. Lawmakers

Lowering College Costs in N.J. Proposed by N.J. Lawmakers
BY GABRIELLA MANGINO
NEWJERSEYNEWSROOM.COM

We’re all familiar with the troubling high cost of attending private and public institutions of higher education. But that’s just college, and there’s no one t...

4 Reasons N.J. Gas Tax Going Up

4 Reasons N.J. Gas Tax Going Up
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

New Jersey has the third-lowest gas tax in the United States at 14.5 cents per gallon, and hasn’t raised the rate in more than 20 years. But that may be about to change...

Winning Mega Millions Numbers for $353M

Winning Mega Millions Numbers for $353M
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

After nobody won the Mega Millions lottery jackpot for the nineteenth consecutive drawing on Tuesday night, the grand prize is just a few more rollovers away from setti...

Potholes Push Gas Tax Increase in NJ

Potholes Push Gas Tax Increase in NJ
BY NATALIE PESETSKY
NEWJERSEYNEWSROOM.COM

Potholes are enough to drive you crazy, but are they reason enough to increase the 14.5 cent-per-gallon gas tax?

This is a tax that has not changed in over 20 ye...

New Jersey's Dwindling Wealthy Tax Pool

New Jersey's Dwindling Wealthy Tax Pool
BY IZZY TEKMEN
NEWJERSEYNEWSROOM.COM

The state of New Jersey has the highest ratio of residents leaving the state compared to those moving in, reported Forbes. According to an annual study conducted by ...

Did Verizon Fulfill its FiOS Promise to New Jersey?

Did Verizon Fulfill its FiOS Promise to New Jersey?
BY SYDNEY GAYDA
NEWJERSEYNEWSROOM.COM

New Jersey residents have paid $12 billion in surcharges to Verizon Communications Inc. following promises that high speed broadband would be brought to the state b...

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