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WHYY radio assessed the chances of Murphy’s proposal to increase taxes on income between $1 million and $5 million, but NJBIA was there to raise the issue of affordability.

“While the governor spoke of where he’s saving money in certain areas, at the end of the day the message is: increase spending, which means increase taxes,” said Michele Siekerka, president and CEO of the New Jersey Business and Industry Association.

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