March 5th, 2014 by Jon Whiten | No Comments
President Obama’s budget includes several important improvements to the pro-work Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) that would impact more than 750,000 low-wage New Jersey workers. The tax-credit changes would reduce poverty among low-wage workers and their families, reduce income inequality, strengthen work incentives and give a boost to New Jersey’s economy.
February 26th, 2014 by Jon Whiten | 1 Comment
A comprehensive five-year study of 288 highly profitable Fortune 500 companies finds that 111 of them paid no federal corporate income tax in at least one of the last five years while one-third paid a U.S. tax rate less than 10 percent over the same period, including 26 that paid nothing at all.
February 19th, 2014 by Jon Whiten | 2 Comments
New Jersey has experienced widening income inequality in recent decades, a trend that has accelerated tremendously in the past few years, according to a new 50-state report published by the Economic Policy Institute’s Economic Analysis and Research Network.
February 5th, 2014 by Jon Whiten | No Comments
Consumer health advocates from the NJ for Health Care Coalition and elected officials joined NJPP today to once again call on the Christie administration to submit an outreach plan for use of the funds to the federal government before it’s too late.
February 4th, 2014 by Jon Whiten | No Comments
New Jersey should improve on its low score by adopting a set of proven budget-planning tools that that could help it weather difficult economic times, build an attractive business climate and make government more effective and efficient.
January 30th, 2014 by Jon Whiten | No Comments
Despite an improving national economy, 40.2 percent of New Jersey households are in a persistent state of financial insecurity.
January 23rd, 2014 by Jon Whiten | No Comments
Federal immigration reform being considered by Congress would greatly help New Jersey’s immigrant families while creating thousands of new jobs and boosting the state’s economy.
January 9th, 2014 by Jon Whiten | 1 Comment
An across-the-board state income tax cut would be detrimental to New Jersey’s future because it would do nothing to create jobs and grow the economy while disproportionately helping those who need it least and eroding public capacity to invest in the true building blocks of job growth and a strong economy.
December 26th, 2013 by Jon Whiten | No Comments
Saturday’s expiration of federal emergency unemployment benefits is bad news for New Jersey’s jobseekers and its fragile economic recovery.
December 23rd, 2013 by Jon Whiten | No Comments
Nearly 450,000 low-wage workers will benefit from the Jan. 1, 2014 increase in New Jersey’s minimum wage, according to an updated analysis released today by New Jersey Policy Perspective.