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New Jersey Passes Budget That Hikes Taxes On Rich, Offers $500 Rebates

Video Credit: CBS 3 Philly - Duration: 00:27s - Published
New Jersey Passes Budget That Hikes Taxes On Rich, Offers $500 Rebates

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.


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