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Assemblyman Gary Schaer speaks at a press conference in Wood-Ridge on March 6, 2019

Gary Schaer endorses Murphy millionaire tax

Former Assembly budget chairman calls revenue ‘fundamental and important’

By David Wildstein, March 06 2019 12:17 pm

Assemblyman Gary Schaer (D-Passaic) became the second Democratic legislator to endorse Gov. Phil Murphy’s proposal for an income tax on any New Jerseyan who makes more than $1 million-a-year.

“There does need to be a millionaire’s tax.  The revenue generated is fundamental and important,” Schaer said at a press conference with Murphy on New Jersey Transit issues this morning in Wood-Ridge.

Schaer’s running mate, Assemblyman Clinton Calabrese (D-Cliffside Park), applauded Schaer’s statement but did not publicly endorse Murphy’s proposal.

State Sen. Paul Sarlo (D-Wood-Ridge), the chairman of the Senate Budget and Appropriations Committee, did not applaud when Schaer made his statement.  Sarlo is the senator from the 36th district but will not be on the ballot this year with Schaer and Calabrese.

Schaer was the Assembly Budget Committee chairman before backing the losing candidate in a race for Assembly Speaker.

Assemblyman John McKeon (D-West Orange) announced his support for the millionaire’s tax yesterday.

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