Can the new Governor of New Jersey, Phil Murphy, come up with a realistic way to fix New Jersey’s financial problems?

Per NJ.com, “Gov. Phil Murphy has proposed lots of other spending increases, such as tuition-free community colleges, an expansion of preschool and a big increase in state aid to K-12 education.

Whatever you think about the merits of these proposals, you have to admit they cost money. And money is in short supply in Trenton these days..

On Monday, the financial-rating firm Moody’s issued a report on New Jersey’s economic outlook. The report cited a “revenue gap” in the state budget of 2.3 percent. This represents the gap between revenues projected in the budget and actual revenues collected.

They’re supposed to match up by the end of the current fiscal year, which runs till June 30. But revenues “are unlikely to improve over the next six months of the fiscal year,” the report stated.”

Murphy had wanted to use a tax on marijuana and a millionaire’s tax to help close the state’s budget gap, but the Attorney General of the United States, Jeff Sessions, has put a serious damper on that idea by changing the rules that allowed states to make marijuana legal. And the President of the Senate (New Jersey), Steve Sweeney, has stated that making marijuana legal and a millionaire’s tax are both off the table. This means that the two big ticket items that might have helped plug New Jersey’s budget gap have been taken out of play and Governor Murphy now has to scramble to find some replacement revenue streams.

Now unless you have been living on Mars, you know that Murphy has categorically stated that is is very willing to raise our taxes to pay for what he wants. If he does he more than likely will break the proverbial ‘Camels back’ and cause many more people to leave New Jersey because of our excessive taxes.

I do not understand how Murphy can think that we the people of this state will stand still for his agenda of taxing us to death. Yes, I understand that many voted for him as a statement of displeasure with how Governor Christie had treated the people of New Jersey. But now those of you who voted Murphy in will have to find a way to tell him in no uncertain terms that we the people of this state are fed up with the tax and spend attitude that both Murphy and our legislature has.

That is my opinion- Jumpin Jersey Mike