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N.J. Lawmakers Approve Budget With Murphy’s Millionaire Tax

New Jersey’s legislature approved a $32.7 billion budget that borrows almost 14% of the total, raises millionaires’ income taxes and cuts the proposed pension payment. Governor Phil Murphy, whose fellow Democrats control the Assembly and Senate, has said he will sign it.

NYC’s Wealthy Should Get Ready for Higher Taxes, Stringer Says

New York’s wealthy residents should “step up and help” by paying higher taxes as the city faces a $4.2 billion deficit, Comptroller Scott Stringer told “Bloomberg Surveillance.”

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