Throughout his 17-month campaign, Philip D. Murphy, the governor-elect of New Jersey and a Democrat, made promise after promise to voters: to fully fund the state’s floundering transportation network, fully fund its underfunded schools and to fully fund the underfunded public pension system, all part of a far-reaching progressive agenda that led to a 14-point victory in last month’s election.

Essential to Mr. Murphy’s agenda was a so-called “millionaire’s tax’’ to be levied on the state’s wealthiest residents. After the election, Mr. Murphy and his allies in the Democratic-controlled State Legislature made passing …read more

Source: New York Times

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