New Jersey can be a leader expanding access to healthcare and funding for regulatory agencies responsible for ensuring safe patient care. Without new sources of revenue, New Jersey cannot afford to fund these programs. A millionaire’s tax will help provide critical investments in NJ healthcare and tackle growing inequality.
Governor Murphy included a “millionaire’s tax” in this year’s budget to ensure the wealthiest households in New Jersey pay their fair share in taxes. Raising the marginal income tax rate on annual earnings over $1 million is a fair and modest policy. For too long, NJ has failed to invest resources in public healthcare initiatives that protect our patients, healthcare professionals, and our communities.
- Make University Hospital a funding priority so UH, the state’s only public acute care hospital, can meet its mission for caring for the most vulnerable and the most in need.
- Reinstate adequate fundingfor the Department of Health to fulfill its responsibility of ensuring hospital safety for patients and workers.
- Ensure New Jersey’s public workers will have the healthcare coverage and retirement security they deserve after dedicating their careers as public servants.
- Read this Fact Sheet on the NJ Millionaires Tax.