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Phil Murphy on Welfare & Poverty

 

 


More affordable housing; more Earned Income Tax Credit

The Earned Income Tax Credit encourages and rewards work by providing a tax credit to working and middle class families. Because the EITC puts money in the pockets of people who spend it immediately and locally, every dollar that we spend on the EITC creates $1.50 to $2 in economic activity. NJ currently provides an EITC at 30 percent of the federal award level. Phil Murphy would raise the state EITC to 40 percent of the federal reward level, which would create almost $180 million in new economic activity. It would also make our tax code fairer across all income levels.

NJ has among the most expensive housing in the nation. For 15 years, the courts have been misused to effectively stop the development of new affordable housing. Gov. Christie has cut much needed aid to seniors and low- and middle-income NJ residents struggling with the nation's highest property taxes. We must support the development of new, affordable housing while adhering to a smart, sustainable growth model.

Source: 2017 New Jersey Gubernatorial website, Murphy4NJ.com , Sep 19, 2016

Other governors on Welfare & Poverty: Phil Murphy on other issues:
NJ Gubernatorial:
Doug Steinhardt
Edward Durr
Hirsh Singh
Jack Ciattarelli
Jim McGreevey
Jon Bramnick
Josh Gottheimer
Mikie Sherrill
Ras Baraka
Stephen Sweeney
NJ Senatorial:
Andy Kim
Cory Booker
Curtis Bashaw
George Helmy
Justin Murphy
Robert Menendez
Tammy Murphy

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