New Jersey Passes Budget That Hikes Taxes On Rich, Offers $500 Rebates
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New Jersey Passes Budget That Hikes Taxes On Rich, Offers $500 Rebates
New Jersey lawmakers on Thursday passed a $32.7 billion budget, hiking taxes on millionaires and businesses and authorizing borrowing of up to $4.5 billion to avoid painful cuts stemming from the impact of the coronavirus pandemic.
Katie Johnston reports.