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Property Taxes

Property Taxes News: Gas tax hike a non-starter at Montague pumps

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For beleaguered New Jersey taxpayers, the nearly 40 percent decline in … estate tax, which he said would disproportionately benefit wealthier New …

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By ERIC OBERNAUER

eobernauer@njherald.com

For beleaguered New Jersey taxpayers, the nearly 40 percent decline in gasoline prices over the last 12 months has been the most welcome relief they’ve had in years.

And in a state renowned for its cheap gas but otherwise ranked routinely as having among the worst tax climates in the country, the impact of the state’s low gas prices can be seen in Montague and other points along the state line, where motorists and big-rig operators from out of state pour in by the thousands each day to fill up with cheap New Jersey gas.

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first published: 2015-02-23 05:26:15[otw_is sidebar=otw-sidebar-11]

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Property Taxes

Property Taxes News: Tax collections rise 1 percent, business collections up more than $100 million

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New York state collected $102.9 million more in business tax collections this … the second worst business tax climate in the country, just behind New Jersey. New York ranks among the worst in the country for income, property and …

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diana chelsea 10 2014 08

Chelsea Diana
Reporter- Albany Business Review
Email | Twitter

New York state collected $102.9 million more in business tax collections this year than last year, according to a new state report.

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first published: 2015-02-22 20:15:00[otw_is sidebar=otw-sidebar-11]

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Property Taxes

Property Taxes News: Tax battle at Morristown Medical Center could bring financial pain to hospitals statewide

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“This is the first case where the issue is the main hospital,” said Wolfe, who teaches a course on property tax exemptions for the New Jersey Institute of …

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MORRISTOWN — Two hundred and thirty-eight years ago, George Washington put this north-central New Jersey town in the history books when he used it as a wintertime encampment during the colonies’ bid to break from British rule.

Now, Morristown is involved in another battle — this time, with its biggest employer — that could have major implications for some of New Jersey’s biggest institutions.

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first published: 2015-02-22 12:22:30[otw_is sidebar=otw-sidebar-11]

Categories
Property Taxes

Property Taxes News: Senate President Calls for Millionaire’s Tax to Help Close State Pension Gap

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Assembly Speaker Vince Prieto (D-Hudson) said though income tax revenue is generally dedicated in New Jersey’s budget to propertytax relief, he’s …

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sweeney

Credit: Newsworks
State Senate President Stephen Sweeney (D-Gloucester)

Last month’s court ruling calling on Gov. Chris Christie and lawmakers to come up with another $1.6 billion in funding for the public-employee pension system before the current fiscal year ends has renewed debate about whether millionaires in New Jersey should be asked to pay more to keep the state budget balanced.

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first published: 2015-03-08 05:26:15[otw_is sidebar=otw-sidebar-11]