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33K views · 155 reactions | Q. What is the Millionaires Tax? A. An increase in the tax rate on income over $1M from 8.97% to 10.75% Q. Who will pay? A. New Jerseyans with incomes over $1M Q. Where will the $ go? A. Schools, communities, property taxpayers, services Learn more: https://nj.gov/governor/news/news/562020/approved/20200929b.shtml | State of New Jersey | Facebook
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Jersey’s personal income tax system is changing. Find out how Independent Taxation may affect you, by using our new online tax calculator. From January 2022, if you’re married or in a civil partnership, you can opt to move to be independently taxed from 2023. For more information, visit gov.je/IndependentTax | Government of Jersey
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