KEY LAWMAKER WANTS TOWNS TO SET THEIR OWN SALES TAX

The head of the Assembly Budget Committee wants towns to have more control of what types of tax they collect. The Star-Ledger reports that Lou Greenwald is pushing for towns to be able to set the sales tax and income tax in their municipality in order to cut down on the reliance on property taxes. Voters would have to approve the changes, but would provide flexibility for towns to adjust how taxes are assessed. Greenwald has previously pushed for the sales tax to be lowered to six percent from seven percent.

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