Press Releases

Many Profitable Corporations Pay Little State Income Tax – Here’s How New Jersey Can Help Fix That

April 17th, 2014 by Jon Whiten | No Comments

Many Profitable Corporations Pay Little State Income Tax - Here's How New Jersey Can Help Fix That

New Jersey’s policymakers should adopt two simple reforms that would make the corporate tax more sensible, transparent, and productive: first, establish a floor on corporate taxes paid below which a company would be ineligible for state tax incentives; and adopt “combined reporting” to prevent businesses from shifting profits out-of-state in efforts to reduce taxable profits.


New Jersey Has Highest Unemployment Rate for Veterans

March 24th, 2014 by Jon Whiten | No Comments

New Jersey’s veterans had an unemployment rate of 10.8 percent in 2013, the highest of all 50 states.


President Obama’s Tax Credit Proposals Would Help Over 750,000 New Jerseyans

March 5th, 2014 by Jon Whiten | No Comments

President Obama’s Tax Credit Proposals Would Help Over 750,000 New Jerseyans

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.


Many of America’s Most Profitable Corporations Pay Little or No Federal Income Taxes

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.


Income Inequality in New Jersey: Gap Between Top 1 Percent and the Rest of the State is Large and Growing

February 19th, 2014 by Jon Whiten | 2 Comments

Income Inequality in New Jersey: Gap Between Top 1 Percent and the Rest of the State is Large and Growing

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.


New Report Highlights Harm to New Jersey Consumers if State Fails to Tap Federal Funds for ACA Outreach & Education

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.


New Jersey Third-Worst State on Long-Term Budget Planning

February 4th, 2014 by Jon Whiten | No Comments

New Jersey Third-Worst State on Long-Term Budget Planning

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.


Two-Fifths of New Jersey Households Are One Crisis Away from Financial Devastation

January 30th, 2014 by Jon Whiten | No Comments

Two-Fifths of New Jersey Households Are One Crisis Away from Financial Devastation

Despite an improving national economy, 40.2 percent of New Jersey households are in a persistent state of financial insecurity.


Immigration Reform Would Have a Positive Impact on New Jersey

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.


An Across-the-Board Income Tax Cut Would Put New Jersey on the Wrong Path

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.






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