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Editorials and Op-Eds
New Jersey Needs More Evaluation of its Business Tax Incentives
As the state doubles down on these tax breaks, it must also increase the level of scrutiny it applies to them.
How to Keep New Jersey From Becoming a Failed State
New Jersey is in danger of becoming a failed state. Not in the same way as Somalia and other truly desperate places, but compared to its peers in America, New Jersey is sliding toward failure, with statistic after harrowing statistic to prove it.
Despite the Fear-Mongering, Corporate Tax Increases Aren’t ‘Job Killers’
The relationship between economic growth, job creation and state taxes is far less simplistic than some folks let on with their rigid “no new taxes” stance.
Let’s Get Real: Income Tax Increases Don’t Drive Wealthy New Jerseyans Out of State
As New Jersey’s budget deadline approaches and policymakers of different stripes make a push for their competing visions for the state, one pesky little myth has reared its ugly head again.
Invest in Camden’s Students, Not the 76ers
Tax money for a half-billion-dollar sports team or for educating the children who are Camden’s future? The outcome of this game is not even close.
New Jersey is Relying on Faulty Process to Estimate Revenue
New Jersey should make improvements to the way it estimates revenues in order to create a more fiscally responsible budget, according to a new report from the Center on Budget and Policy Priorities.
After 23 Years of Inaction, It’s Time to Increase New Jersey’s Tipped Minimum Wage
Proposed federal legislation to increase the minimum wage to $10.10 per hour includes a provision raising the tipped minimum to 70 percent of the full minimum wage. But with the federal legislation unlikely to make serious headway, New Jersey policymakers need to step up to ensure greater economic security for the state’s low-wage tipped workers.
New Jersey Has Awarded Unprecedented Amount of Business Tax Subsidies This Decade, Despite Little Evidence These Tax Breaks Can Grow a State’s Economy
New Jersey has awarded more than $4 billion in tax subsidies and credits to businesses this decade in a largely unsuccessful attempt to spur economic activity and boost the state’s crawl out of the Great Recession.
Gas Tax Is at an All-Time Low in New Jersey
Inflation has eroded the value of New Jersey’s gas tax so badly that it is at its lowest level in history – and will only erode further without action, according to a new report from the Institute on Taxation and Economic Policy (ITEP).
New Jersey’s Failure to Adequately Fund Higher Education Continues to Threaten the State’s Economic Future
New Jersey families hoping to send their children to college continue to face a perfect storm of declining income, cuts in state support to public colleges and universities, and steadily increasing tuitions and student fees.