Tom Moran’s analysis misses a key point: If Murhpy wants to increase spending, then all taxpayers should pay for them, not just upper-income individuals and families. Murphy’s tax plan would make Willie Sutton proud.
“Democrats are going wobbly. The reason is the Republican tax plan would end the deduction for state income taxes, and increase the risk that the rich might flee from high-tax states like New Jersey.”
Source: N.J.’s millionaires’ tax hike is losing support | Moran