Millionaires' tax, marijuana, minimum wage atop NJ agenda

TRENTON, N.J. (AP) -- A millionaires' tax, marijuana legalization and a higher minimum wage could all be in store in the new year as Democrats prepare to take over government in New Jersey.

Democratic Gov.-elect Phil Murphy will succeed Republican Gov. Chris Christie on Jan. 16, and with the change in political party will come a different direction in state government.

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Murphy has promised to hike taxes on those making over a $1 million to finance pensions and school aid. He's also promised a $15 minimum wage, which Christie has vetoed.

Christie vetoed dozens of Democratic bills over his two terms.

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Democratic Senate President Steve Sweeney says he thinks a lot of those would be reintroduced and likely signed into law under Murphy.