Donald Trump praises NJ budget, Phil Murphy fires back

Gov. Phil Murphy fired back at President Donald Trump after the president criticized the now-failed millionaire's tax proposition Monday morning on Twitter. 

The millionaires tax, one of Murphy's primary revenue-earning proposals, was not included in the state budget of $38.7 billion he signed Sunday. 

"Congratulations to legislators in New Jersey for not passing taxes that would have driven large numbers of high end taxpayers out of the state." Trump tweeted Monday morning. "Many were planning to leave, & will now be staying."

The story continues below the tweet.

Within an hour, Murphy responded to Trump, saying that the President is once again looking out only for the rich. 

"We all know is fighting for millionaires like himself. I'm fighting for New Jersey's middle class and all those working to get there." Murphy tweeted.

The story continues below the tweet.

The final budget mostly resembled Murphy's proposed $38.9 billion spending plan, but without many of the governor's planned funding streams. The Legislature had provided more generous estimates of other sources, such as corporate business tax revenue, calculations that Murphy called "voodoo math."

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Murphy recommended several new fees, but legislative leaders said they wanted "no broad-based taxes" and stripped all but one from their plan. The two branches of government agreed to increase a fee paid by health maintenance organizations, bumping it from 2 percent to 3 percent. The Legislature eliminated Murphy's increased gun fees, opioid distributor and manufacturer fees, and a "corporate responsibility fee" that would have required companies with more than 50 workers to pay $150 for each worker on Medicaid.

Source: Northjersey.com

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