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Editorials and Op-Eds

Three Reasons Not to Trade an Estate Tax Cut With a Gas Tax Increase

It increasingly appears that the political price to salvage the state’s core economic asset and secure the governor’s signature on a gas tax hike is to eliminate or reduce New Jersey’s estate tax.

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Maryland: Beware of Advice from New Jersey

If you’re hoping that your new governor will nurture the assets that make Maryland great, chart a course of sound financial policy and give a boost to your neighbors who struggle to get by, you better hope he puts that famous Garden State governor on his do-not-call list.

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Favored Tax Cuts Would Make New Jersey’s System More Backward

The proposed tax changes hinted at in the State of the State would greatly favor those who already pay the lowest share of their income in state and local taxes.

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New Jersey’s Transportation Emergency Demands an End to Political Game-Playing

Now a new threat emerges. Republican leaders have been making the case that, if New Jersey needs a gas tax increase – which they don’t deny – then the state should make such a hike part of more comprehensive “tax reform,” which sounds like a great idea, but is actually a wolf in sheep’s clothing.

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A Year Into Business Tax Subsidy Overhaul, the Need for Reform Has Never Been Clearer

The floodgates have opened in the year since New Jersey began accepting applications for business tax subsidies under a new law that overhauled the state’s subsidy offerings. One year’s experience clearly shows the need to build in new protections for other taxpayers, who are footing the bill.

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Press Releases

Outlook for 2016 Budget Looks Bleak for New Jersey’s Working Families

As the governor prepares to deliver his 2016 budget address next week, the prospects for policies to help middle-class and low-income New Jerseyans in that spending plan look bleak.

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Full Enrollment Under the Affordable Care Act Would Bring Huge Benefits to New Jersey

With 2015’s Affordable Care Act open enrollment period soon coming to a close, a new analysis suggests reaching full enrollment would secure health coverage for over a million New Jersey residents while pumping over $5 billion in federal funds a year into the Garden State.

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Whose Recovery? Nearly All Income Gains in Post-Recession New Jersey Have Gone to the Top 1%

From 2009 to 2012, 81 percent of all income growth in New Jersey went to just 1 percent of the state’s most well-off households, and New Jersey’s top 1 percent took home 27 times more than the bottom 99 percent in 2012.

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Any Gas Tax Increase Should Include Tax Credit for Low-Income New Jerseyans

Without an EITC restoration, households earning less than $45,000 a year would proportionately pay more towards any substantial new gas tax than everyone else.

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New Jersey’s Upside-Down Tax System: The Lower Your Income, The More You Pay

Low-income and middle-class New Jerseyans pay more of their incomes to state and local taxes than wealthy residents.

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