NJPP In the News
Tax Vow May Trap Christie as NJ Revenue Short
May 16, 2012

Governor Chris Christie, a Republican who has spent the past four months promising New Jersey income-tax cuts, now confronts the challenge of selling his plan’s feasibility against a backdrop of continuing revenue shortfalls.

Press Releases
‘Paying Taxes to the Boss’ in New Jersey
Apr 12, 2012 | 1 Comment

New Jersey diverts more state income taxes from worker paychecks to corporations than any other state in the nation, according to Paying Taxes to the Boss: How a Growing Number of States Subsidize Companies with the Withholding Taxes of Workers, a study published today by Good Jobs First, a nonprofit, nonpartisan research center based in Washington, D.C.



NJPP Blog: As a Matter of Fact ...
Memo to New Jersey’s Elected Officials: Forget About Cutting Taxes for Now
May 16, 2012 | No Comments

Yesterday’s bad news about state tax collections falling short produced some good news: the Senate Budget Committee is postponing consideration of Senate President Sweeney’s 10 percent property tax credit bill. Maybe the committee can take up the issue again, say in October when everyone will know how tax collections finished in FY2012 ending in June and in the first quarter of FY2013. Or maybe legislators will want to put off tax cuts until after New Jersey is restored to fiscal health.


The Unreality of ‘We Still Have Two Months’
May 16, 2012 | 1 Comment

In order to reach the administration’s estimates for FY 2012, revenues for the remainder of the year would have to grow by 12 percent. Since the growth through April is only 2 percent, it is beyond reality that 12 percent growth can be achieved in May and June.


Video: NJPP’s David Rousseau on Tax Cut Talk: ‘Everyone Needs to Slow Down’
May 16, 2012 | No Comments

Just hours after both the Christie administration and the Office of Legislative Services issued gloomy revenue reports for April yesterday, NJPP budget analyst David Rousseau spoke to NJ Today‘s Mike Schneider about what the numbers mean for next year’s budget and for the tax cut proposals being discussed in Trenton.



NJPP In the News
Tax Vow May Trap Christie as NJ Revenue Short
May 16, 2012

Governor Chris Christie, a Republican who has spent the past four months promising New Jersey income-tax cuts, now confronts the challenge of selling his plan’s feasibility against a backdrop of continuing revenue shortfalls.

More in NJPP In the News
Press Releases
‘Paying Taxes to the Boss’ in New Jersey
Apr 12, 2012 'Paying Taxes to the Boss' in New Jersey

New Jersey diverts more state income taxes from worker paychecks to corporations than any other state in the nation, according to Paying Taxes to the Boss: How a Growing Number of States Subsidize Companies with the Withholding Taxes of Workers, a study published today by Good Jobs First, a nonprofit, nonpartisan research center based in Washington, D.C.

More in Press Releases
Reports
The State of Working New Jersey 2011: The Lost Decade
Nov 03, 2011

Real incomes were lower in 2010 than in 2007 for most households. Only high-income households were better off. Unemployment was at its highest rate in 35 years, and the number of children living in poverty increased by 16 percent in just two years.

What happened?

More in Reports
Monday Minute
Job creation or corporate welfare?
Jan 24, 2011

Large corporations and small businesses will receive more than $800 million in tax breaks if the governor signs a number of bills passed by the Legislature earlier this month as part of its “Back to Work NJ” package.

More in Monday Minute
Commentary & Testimony
Statement of Senior Policy Analyst Raymond Castro on Restoring EITC and Reversing FamilyCare Cuts
Mar 21, 2012

There are number of positive features in the Governor’s proposed budget, particularly additional resources to expand community placements for individuals with mental illness and developmental disabilities. Nevertheless, we are very concerned that working class families with children are not being equitably treated in this budget.

More in Commentary & Testimony

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