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Governor Murphy to hold press conference in Marlboro on Friday morning

Gov Phil Murphy and Marlboro Mayor Jon Hornik

Governor Phil Murphy will be in Marlboro Township on Friday for a press conference about his scheme to allow property tax payments to be classified as charitable contributions for federal income tax purposes.

The tax reform law passed by Congress and signed by President Trump last December limited the deduction for state and local taxes to $10,000.  All members of the New Jersey Congressional Delegation, with the exception of Rep. Tom MacArthur (R-NJ3) voted against the measure.

Murphy’s plan would allow NJ residents to make charitable contributions to their municipal governments in lieu of property tax payments, in order to keep the federal deduction.

U.S. Treasury Secretary Steve Mnuchin has called the scheme “ridiculous,” and the IRS has yet to rule on the matter, according to published reports.

The Governor’s press conference will be held at Marlboro Town Hall, 1979 Township Drive, at 10 a.m.

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Posted: February 8th, 2018 | Author: | Filed under: Monmouth County News, New Jersey, Phil Murphy | Tags: , , , , , | 12 Comments »

12 Comments on “Governor Murphy to hold press conference in Marlboro on Friday morning”

  1. Bob English said at 8:24 pm on February 8th, 2018:

    Maybe the Governors idea works maybe it doesn’t but give him credit for trying not to have the burden of Exxon’s $6 billion tax cut landing on the backs of NJ property taxpayers

  2. Maybe said at 8:59 pm on February 8th, 2018:

    we will learn if the dear Mayor will declare for higher office,too..

  3. My guess is, said at 9:05 pm on February 8th, 2018:

    those many Exxon employees who are seeing bigger paychecks, bonuses, stock options, etc, are pretty happy with that.. please, stop with the class-warfare stuff- it’s gotten really old. Along with the proverbial race card, every five minutes..

  4. Mike Argen said at 9:14 pm on February 8th, 2018:

    Who voted for this politician to put drugs in the hand of our children.
    Who are the morons who support this???
    Really

  5. Long before said at 9:27 pm on February 8th, 2018:

    this taxcut, the fine leaders of NJ taxed us into oblivion with the school funding formula, way too many local government fiefdoms, and ever- expanding social programs and giveaways! It took decades of cronyism, corruption and lots of over- spending to get NJ to be in the top 3 most expensive states to NOT retire in! Can’t wait til this guy makes us send all the functional illiterates to the county colleges for “free,”at all our expense, too!

  6. Call in the FBI! said at 10:41 pm on February 8th, 2018:

    PLEASE someone call in the FBI. We can not allow gangsters in suits to advocate for TAX-EVASION.

    Phil Murphy and Jon Hornik are criminals, openly advocating for tax-evasion on a grand scale. Figures that these democrats in a wealthy town like Marlboro are the ones crying about their taxes. Democrats crying about the 1% paying their fair share and there they are over in Marlboro, wealthy Democrats evading taxes! Crooked hypocrites!

  7. Bob English said at 8:07 am on February 9th, 2018:

    @myguess: Companies have announced $97.2 billion in share buybacks since the start of the year. That’s is close to double the number from the same time last year. Employee bonus that claim to be from the tax cut are a tiny fraction of that amount…approx $2.8 billion

  8. If you got one said at 10:37 am on February 9th, 2018:

    would you give it back? Nope. No one will. Love him or hate him, a lot of people are simply doing better than under Nobama- period!

  9. Please Bobby said at 11:12 am on February 9th, 2018:

    Bob, I think that you personally need to ask your DEMOCRAT friends in Marlboro to start paying their fair share of taxes. They are trying to skirt their federal income taxes and their local property taxes, and that is TAKING AWAY MONEY FROM THE CHILDREN.

    Think of the children, Bob. Why don’t you DEMOCRATS have a heart and show some compassion for those who can’t afford to take care of themselves?

    Think of the children, Bob. If people in Marlboro can afford $20,000 property taxes because their mayor and counsel are inept, then surely those people can also afford a little more to help schools all over the state of NJ to educate THE CHILDREN.

    Bob, please, do the right thing here and demand Phil and Jon, like good DEMOCRATS, ensure that their DEMOCRAT base pays up. ITS FOR THE CHILDREN! SAY NO TO DEMOCRATS EVADING TAXES!

  10. Art Gallagher said at 1:33 pm on February 9th, 2018:

    @BobEnglish

    You write about stock buybacks of if they are a bad thing. Why?

    Assuming your $97.2 billion number is accurate, where do you think that money went? How do you think it is being used now?

  11. Cindyrella said at 6:32 am on February 12th, 2018:

    Mike Argen your the moron. Marijuana is already here available to your children and their friends. Do you drink alcohol? Do you allow your kids to have it? Legal pot can save this state. Don’t you get it? Make what’s already everywhere that anyone can get legal then you can control it , put the dealers out of business. Stop the entire judicial system costing us millions to keep it illegal. You can’t be that dumb can you?

  12. Great idea- said at 10:37 am on February 12th, 2018:

    using that premise, let’s legalize cocaine, meth, fentanyl, heroin, or any other disasterous substance already so available: that’ll fix our addiction problems- not! Ok, put some street dealers out of business, as more make money on “legalized”murder. And, as the makers increase output, and ship it over our border, as though it was dollar store merchandise. And, as taxpayers and non- users get to pay higher car and health insurances, and tons more on “ rehab” and “ addiction services,” for the additional new addicts, that rarely succeed, due to the nature of addiction, and never end. Terrific. We are so screwed..