Path Act 2025 Summary Nj. Phil murphy signed the fiscal. Raise revenue by taxing the wealthy & making corporations pay their fair share (fy26 budget item)
Commuters in the new york and new jersey area are bracing for an uptick in transportation costs following the port authority’s announcement of fare and toll hikes. The path act restricts the tax refund till 15 feb 2025 for taxpayers who have claimed eitc/actc with their tax returns, so taxpayers can expect their tax refund by the end of feb 2025 or early march 2025.
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