SCR72 — Amends State Constitution to provide 10.75% marginal personal income tax rate on annual taxable income exceeding $1,000,000 and dedicates amount equal to the revenue derived from tax rate to direct real property tax relief.

SCR72 — Amends State Constitution to provide 10.75% marginal personal income tax rate on annual taxable income exceeding $1,000,000 and dedicates amount equal to the revenue derived from tax rate to direct real property tax relief. · Informed CitizenryThis concurrent resolution proposes to amend the New Jersey State Constitution to establish a minimum marginal personal income tax rate of 10.75% on annual taxable income exceeding $1,000,000. The…Open in Informed Citizenry