September 28th, 2015 by Jon Whiten | No Comments
An effort by some lawmakers to eliminate or drastically cut taxes for a small number of New Jerseyans – a move that would deliver the greatest benefit to the state’s wealthiest households – threatens resources needed for public colleges, safe communities, health care and other important services.
September 18th, 2015 by Jon Whiten | No Comments
Because of legislative changes made in 2013, New Jersey’s surge in corporate tax subsidies has risen to unprecedented levels, further cramping New Jersey’s ability to invest in schools, transportation and other areas known to be greater drivers of job creation.
July 29th, 2015 by Raymond J Castro | No Comments
A proposal by Gov. Christie to sharply limit federal health care funding under Medicaid would come at a great price to New Jersey’s taxpayers and hit the state’s economy hard with the loss of thousands of jobs.
July 9th, 2015 by Erika J. Nava | No Comments
If you’d prefer to read a PDF version of this report, click here. President Obama’s 2014 executive actions on immigration would benefit hundreds of thousands of New Jerseyans and provide a boost to the state’s economy by allowing many undocumented residents to work legally and avoid deportation. However, these common-sense steps towards a more pragmatic […]
June 29th, 2015 by Raymond J Castro | No Comments
Increasing New Jersey’s Earned Income Tax Credit (EITC) to 30 percent from 20 percent of the federal EITC would provide over half a million New Jersey working families with a much-needed bump in their take-home pay while giving the state’s economy a boost.
June 22nd, 2015 by Sheila Reynertson | No Comments
Very few residents who use “pass-through” accounting to claim business income on their personal income taxes would pay more if personal income taxes were increased on income of $500,000 or more.
June 18th, 2015 by Raymond J Castro | No Comments
A case that will soon be decided by the U.S. Supreme Court could result in the loss of over a half billion dollars in federal tax credits that 172,000 New Jerseyans use to make health insurance affordable, a major increase in premiums for everyone in the individual insurance market and the loss of insurance for over 200,000 residents.
June 4th, 2015 by Sheila Reynertson | No Comments
Limiting the ability of profitable multistate corporations to use accounting tricks to avoid New Jersey taxes would help level the playing field for the state’s small and local businesses. But that’s not the only benefit.
May 5th, 2015 by Jon Whiten | No Comments
As New Jersey continues to award record-setting tax subsidies to businesses in a failed attempt to grow the state’s economy, it has drastically lowered the standards corporations must meet to qualify for a tax break. Nowhere is this more evident than in the state’s special treatment for the city of Camden, where the bar for determining whether a subsidy will result in “net benefits” to the economy has been set so low that New Jersey is now approving deals with major financial risks to taxpayers.
April 8th, 2015 by Erika J. Nava | No Comments
If you’d prefer to read a PDF version of this report, click here. New Jersey’s Tuition Equality Act, which extends in-state tuition rates at New Jersey public colleges and universities to most undocumented New Jersey high school graduates, is an essential step toward providing better educational opportunities for all students in the state. But a […]