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Immediate NJ tax revenue outlook improves

Summary by NJ Spotlight News
Longer-term outlook uncertain due to Trump administration’s tariffs and policy changes The post Bump in near-term NJ tax revenues, fiscal experts forecast appeared first on NJ Spotlight News.

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Immediate NJ tax revenue outlook improves

Longer-term outlook uncertain due to Trump administration’s tariffs and policy changes The post Bump in near-term NJ tax revenues, fiscal experts forecast appeared first on NJ Spotlight News.

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the deep divethe deep dive

Trump Administration Considers Tax Rebates Funded by Tariff Revenue

The Trump administration is considering using revenue from proposed tariffs to fund tax rebates to Americans rather than reduce the federal deficit, according to information from former Commerce Secretary Wilbur Ross. Ross said the White House is having “early talks about a tax refund/dividend check from the trillions in revenue they plan to collect from sweeping tariffs,” after dining with President Donald Trump, Treasury Secretary Scott Bessen…

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NJ Spotlight News broke the news in on Wednesday, April 2, 2025.
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