Democratic gubernatorial candidate Phil Murphy releases tax forms

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The latest on the New Jersey gubernatorial race. The latest on the New Jersey gubernatorial race.

New Jersey Democratic gubernatorial candidate Phil Murphy’s campaign partially released his 2016 tax returns on Thursday, five days ahead of Tuesday's election.

The campaign released just two pages of returns but says it will make more documents available Friday. Murphy had a gross income of $4.6 million in 2016 and paid $1.5 million in federal and state taxes.

The Democrat held a campaign event in Hackensack Thursday against gun violence. Former Rep. Gabrielle Giffords and NASA Capt. Mark Kelly joined Murphy at the event. The two are the founders of “Giffords,” an organization dedicated to saving lives from gun violence.


Murphy stressed the importance of finding common ground between the Second Amendment and community safety.

"You can respect the Second Amendment for responsible citizens. But you can make our communities safer at the same time,” Murphy said. “I've got an opponent who's got an A from the NRA. The only F I've ever been proud of in my life is the F I got from the NRA."

Republican gubernatorial candidate Lt. Gov. Kim Guadagno reported income of $306,000 in 2016 in returns she released in July.

Guadagno kicked off her “Main Street not Wall Street” campaign. Her second stop of more than 120 scheduled was at Jughandle Brewing in Tinton Falls.

Guadagno took questions from Jersey Shore area small business owners and promised to encourage more small business growth across the state.

"People don't want to pay any more in taxes. We pay the highest taxes in the country when it comes to property taxes,” Guadagno said. “You could walk up and down this main street right here and people will tell you ‘I can't afford to live here.’ ‘I can't afford to die here.’ ‘I'm planning my exit from here because property taxes are too high.’"

Guadagno plans on making stops in every county before next Tuesday's election.

Murphy is currently ahead of Guadagno in polls and fundraising. Election Day is Nov. 7.

The Associated Press wire services contributed to this report.

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