According to Bergen Record political columnist Charles Stile:

Gov. Phil Murphy’s line-in-the-sand insistence last year on raising taxes on New Jersey’s millionaires turned out to be a humiliating political setback.

But instead of filing away the idea in a folder of political flops, Murphy appears ready to dust it off for another try Tuesday, when he’s scheduled to roll out his second budget before a joint session of the Legislature, according to sources familiar with his plans.

For Stile’s whole column on the developing budget situation, please go here.