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New Jersey Republican State Chairman Doug Steinhardt.

Steinhardt calls for Dems to oppose corporate responsibility fee

By Nikita Biryukov, March 06 2019 2:22 pm

New Jersey Republican State Chairman Doug Steinhardt on Wednesday called for Democrats in the legislature to oppose a measure proposed by Gov. Murphy that would tax certain companies for not providing insurance to their employees.

“We need to incentivize businesses to grow and invest here, not chase them away with the second highest corporate tax in the country and now the reintroduction to New Jersey of some of the worst of Obamacare’s fines and penalty policies,” Steinhardt said. “Every added assessment, even $150 per employee, is another signal to New Jersey’s business owners that they aren’t welcome here.”

The measure would impose a $150 fine per employee on Medicaid at companies with 50 or more workers. Murphy’s team estimates the measure will generate $30 million in revenues in the next fiscal year.

Democrats in the legislature aren’t yet sold on the measure. At a press conference following Murphy’s budget address Tuesday, Democratic leaders said they needed more information on the provision before deciding where they stood on it.

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