Governor Phil Murphy wants to institute a so called Millionaire's Tax here in New Jersey, for fairness, you see.
Like the plastic bag ban, this is about virtue signaling.
Senate President Steve Sweeney, a giant in state politics, opposes the idea with every fiber of his being.
Here's a good primer on the Murphy-Sweeny fight and the fiscal issues at stake. The state's finances aren't a complete mess, but they are messy, pensions, healthcare costs, etc.
Gee, wonder whose picking up the tab for that?
In this blog's opinion, Murphy is going to virtue signal New Jersey right off the fiscal cliff, Illinois style.
What's Murphy want to do with the Millionaire's Tax money anyway?
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