( ) -q-25- UNDATED (Correspondent Jeremy House) “income tax revenues.” New Jersey is incentivizing taxpayers who work from home for New York based employers to sue New York in court for taxing their wages. [CutID: <Cuts> NJ-TELECOMMUTERS-house-q-WEDam.mp3 Time: 25s Title: NJ-TELECOMMUTERS-house-q-WEDam Out-cue: income tax revenues] TAG: Correspondent Jeremy House reporting. ————————- VERBATIM: There’s hundreds of […]
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New Jersey is motivating telecommuters to appeal their New York tax bills
( ) -q-25- UNDATED (Correspondent Jeremy House) “income tax revenues.”
New Jersey is incentivizing taxpayers who work from home for New York based employers to sue New York in court for taxing their wages.
[CutID: <Cuts> NJ-TELECOMMUTERS-house-q-WEDam.mp3
Time: 25s
Title: NJ-TELECOMMUTERS-house-q-WEDam
Out-cue: income tax revenues]
TAG: Correspondent Jeremy House reporting.
————————-
VERBATIM: There’s hundreds of millions of dollars on the line. New Jersey Governor Phil Murphy last year signed legislation that rewards New Jersey residents with a tax break who win their tax appeal. Now Governor Ned Lamont of Connecticut wants to offer a similar bounty. Out-of-state taxpayers paid nearly $8.8 billion in 2021 in taxes, roughly 15% of New York’s total income tax revenues.