Fiscal Balance Sheet

Minus:
Property taxes (for most), sales tax, S, LP, and some C corporate taxes are abolished. Taxes on NJ-earned dividend and capital gains are abolished.

Plus:
Higher income tax. Minimum wage up 150%. Higher taxes on Non-NJ dividend and capital gains. County governments abolished (parts remain such as DPW). Consolidation of all boards of education into one NJBOE.

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