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New Jersey Governor-Elect Renews Call for Higher Taxes on Wealthy

  • Democrat promises to make high earners pay their ‘fair share’
  • First major post-election speech before municipal leaders
New Jersey Gov.-elect Phil Murphy speaks at an election night rally on Nov. 7, 2017 in Asbury Park, New Jersey. 

New Jersey Gov.-elect Phil Murphy speaks at an election night rally on Nov. 7, 2017 in Asbury Park, New Jersey. 

Photographer: Eduardo Munoz Alvarez/Getty Images

New Jersey Governor-elect Phil Murphy, in his first major speech since winning the race, pledged to raise levies on the highest earners while fighting President Donald Trump’s attempts to overhaul the U.S. tax code.

“Yes, we will ask the wealthiest among us to pay their fair share,” Murphy, a 60-year-old Democrat, said Thursday at a conference for municipal officials in Atlantic City. That, plus the legalization of recreational marijuana, would help contribute $1.3 billion to state spending, he has said. Republican Chris Christie, governor until January, vetoed a millionaire’s tax five times and opposed legal pot.