S124 — Reduces the gross income tax's top marginal rate to 7.97% from 8.97%.

S124 — Reduces the gross income tax's top marginal rate to 7.97% from 8.97%. · Informed CitizenryThis bill proposes to reduce New Jersey's gross income tax top marginal rate from 8.97% to 7.97%. It amends N.J.S.54A:2-1 to update the tax tables for individuals, estates, and trusts. The change s…Open in Informed Citizenry