This Week in Politics: Governor Murphy and Dem leaders agree on senior tax cut in New Jersey

WNYC News | Jun 24, 2023

New Jersey Governor Phil Murphy and Democratic Leaders in the state legislature have reached a compromise over a substantial property tax cut for seniors in New Jersey. The proposal would cut taxes in half for most people 65 years or older – up to a maximum of $6,500. The governor says the state would set aside funds for the next two years and enact the cut in 2025.

WNYC's Nancy Solomon joins Weekend Edition host David Furst to discuss the details.

 

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