Taxing “Super Luxury” Home Sales Could Make New Jersey Affordable for More Residents
Increasing the fee on sales of homes sold for over $1 million could raise revenue to help pay for vital public programs.
The state budget is much more than numbers and line items — it is a reflection of New Jersey’s priorities and values. By ensuring the wealthiest individuals and corporations pay their fair share in taxes, New Jersey can invest in the public assets that help our communities thrive, address longstanding racial and social inequities, and build a strong foundation for the future.