This article appeared online at TheNewAmerican.com on Friday, September 18, 2020:
New Jersey Governor Phil Murphy says he doesn’t hold a grudge against anyone making more than a million dollars a year in his state.
It’s just that he needs their money more than they do. It’s their duty to “sacrifice”: “We do not hold any grudge at all against those who have been successful in life. But in this unprecedented time, when so many middle-class families and others have sacrificed so much, now is the time to ensure that the wealthiest among us are also called to sacrifice.”
Murphy made the announcement on Thursday, adding that he expects the two-percent increase — from 8.75% to 10.75% on incomes of a million and up — will raise $390 million this year alone. He’s using his state’s $10 billion shortfall in revenues as an excuse.
He expects the increase to fall on about 16,500 residents, assuming that they stand still for the plucking.
Most are likely to stand still for the shearing, but