TRENTON, N.J. (AP) — New Jersey Gov. Phil Murphy wants to raise the state sales tax and extend its reach, hike income taxes on the wealthy and legalize recreational marijuana.
He also wants to increase the state’s contributions to public education by about 8 percent, or $1 billion.
The first-term Democratic governor is announcing those proposals Tuesday in his first budget address to the Democrat-led Legislature.
Murphy wants to raise the sales tax from 6.625 percent to 7 percent and include ride-sharing services and accommodations like Airbnb.
Under his budget plan, incomes over