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Watch New Jersey Capitol Report with Steve Adubato & Rafael Pi Roman on PBS. See more from New Jersey Capitol Report.

New Jersey Now: January 29, 2012: My9TV.com

Watch Friday., November 4, 2011 on PBS. See more from NJToday.

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Editorials and Op-Eds

Create N.J. Jobs Without Relying on Incentives

Robust and equitable job growth in New Jersey requites a balanced approach by the state in its budgeting and economic development strategy. That approach must include revenues and shared sacrifice across the board. Simply put, there’s just no other way to climb out of this hole we find ourselves in.

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New Jersey’s Corporate Tax Subsidies Don’t Pay Off

Over the past two years, the state has approved more than $1.2 billion in tax subsidies for corporations and developers, all in the name of economic development. It’s a flawed strategy, however.

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State’s Wealthiest Not Paying Fair Share

Fairness demands those with the greatest means — especially those with income of $1 million or more a year — should pay at least an equal share. That doesn’t happen now.

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1 in 6 New Jerseyans affected by Gov. Christie’s vetoes

The governor’s vetoes represented unprecedented cutbacks in state services and will affect more than 1.5 million residents, mostly low-income working families with children.

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NJPP In The News

Gov. Christie Introduces Tax Plan That Gives 40 Percent Of Its Benefit To The Richest One Percent

New Jersey Gov. Chris Christie (R) today formally announced his intention to implement a 10 percent cut in New Jersey’s income tax. “Lower tax rates will relieve over-burdened middle class families,” Christie said in his annual budget address.

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Projecting Big Economic Recovery, Christie Offers Budget with Little Pain

Gov. Christie presented a $32.1 billion budget to the state Legislature this afternoon that increases school aid by $212.5 million, makes the largest payment toward public employee pensions in state history and uses rosy revenue projections to help pay for an income tax cut.

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Healy: ‘I’m Running for Re-election’

Among the accomplishments that Jersey City’s mayor touted during his speech was the luring of Goya Foods to the city and the jobs that will come as a result. But as the Reporter rightly notes, the jobs number Healy is citing isn’t quite accurate.

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More Than $100M of Christie’s Would-Be Medcaid Savings in Jeopardy

Gov. Chris Christie’s plan to spend $300 million less on Medicaid this year has hit a snag with the federal government that jeopardizes about $107 million of the savings he anticipated in the current state budget.

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Bill Would Add $1 Billion to NJ Tax Break Fund

A new bill introduced in Trenton would add $1 billion to the tax credits available for the corporate incentive program that rewarded Panasonic and Goya Foods for staying in New Jersey. The legislation would increase the total pool of tax breaks available under the controversial Urban Hub Transit Tax Credit program to $2.5 billion.

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Press Releases

Report: New Jersey’s Corporate Subsidy Programs Lack Consistent Policies to Enforce Job Creation

Despite the fact that many economic development deals fall short on job creation or other benefits, New Jersey is inconsistent in how it monitors, verifies and enforces its subsidy programs that cost taxpayers millions of dollars per year.

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New Jersey Gets Low Grade for Corporate Subsidy Oversight

Many of New Jersey’s economic development programs, which spend millions of tax dollars each year, require little – if any – job creation and lack proper wage and benefit standards.

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Fewer Jobs, Lower Wages & More Poverty: A Picture of New Jersey’s Economy After a ‘Lost Decade’

New Jersey’s working families are worse off economically today than they were at the turn of the century, according to The State of Working New Jersey 2011: The Lost Decade.

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New Jersey Residents Stayed Despite Tax Increase

Few Americans move between states, and the little interstate-migration that does occur is more frequently due to job opportunities and housing prices than tax rates.

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New Report Demonstrates How the Patient Protection and Affordable Care Act (ACA) Will Benefit New Jersey’s Working Families

Report identifies specific benefits of the ACA and makes recommendations about how New Jersey can maximize its benefit under the new law.

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