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NJ revenue collections lag target; tax cut at risk

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TRENTON, N.J. (AP) — New Jersey has collected $451 million less in taxes and fees than it anticipated through November, jeopardizing Gov. Chris Christie's tax cut proposal and increasing the likelihood of midyear budget cuts, a legislative budget analyst said Thursday. The state's major revenue streams are anemic five months into the fiscal year and the sales tax is particularly lethargic,...