Trenton, NJ – Governor Murphy just signed the Rain Tax into law. This measure opens up a new avenue for Murphy’s government to collect tax revenue from New Jersey businesses and homeowners.

NJGOP Chairman Doug Steinhardt released the following statement:

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“A rainy day fund used to be what responsible government collected for emergencies. Not anymore. Not in New Jersey. Now, it’s just another Democratic property tax and Trenton money grab. Today, Governor Murphy signed S1073 and opened the flood gates for New Jersey’s “Rain Tax”.  Instead of feeding your families, Murphy’s newest property tax scheme runs from your pockets and straight into Trenton’s to feed Murphy’s liberal agenda. New Jersey needs its Republican legislators to create a bill to repeal this Rain Tax. Then, we need to flip seats during the Murphy midterms, ebb the never ending tide of Trenton taxes, and throw New Jersey taxpayers a life raft.”