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 […]
March 2nd, 2015 by Raymond J Castro | No Comments
A case coming before the U.S. Supreme Court this week could disrupt the nation’s health care system and result in the loss of insurance for over 200,000 low-income and middle-class New Jerseyans.
February 20th, 2015 by Sheila Reynertson | No Comments
If you’d prefer to read a PDF version of this report, click here. What are the prospects for next year’s state budget? In a word: bleak. With New Jersey’s chronically sluggish economic recovery, the state has serious financial problems because revenues are not growing fast enough to meet the state’s biggest obligations. It has practically […]
February 11th, 2015 by Raymond J Castro | No Comments
Securing full federal funding via higher enrollments is an ambitious but achievable goal. In fact, New Jersey is more than halfway there.
January 21st, 2015 by Jon Whiten | No Comments
As New Jersey policymakers close in on a deal to boost New Jersey’s transportation funding, a bold solution that raises at least $1 billion in new revenue a year through new gas taxes is essential if New Jersey wants to take advantage of one of its greatest economic assets – its location – and rebuild a strong state economy. Equally essential is strengthening a key tax credit for working families – the Earned Income Tax Credit (EITC) – to ease the disproportionate pinch a gas tax increase would mean for low-income households.
December 29th, 2014 by Jon Whiten | No Comments
Policymakers were smart to include indexing in their work on the 2013 wage increase, but that does not mean they can “set it and forget it.” There is clearly more work to be done to improve the economic security of the Garden State’s low-wage workers.
December 17th, 2014 by Stephen Herzenberg | No Comments
While one of the central tenets of repeated calls for major changes to New Jersey’s public pension system is the claim that public employee pensions are overly generous, retirement benefits for the state’s public workers are already among the least generous of all large public-sector pensions in the country, in part because of cuts enacted in the pension reforms of 2011.
December 2nd, 2014 by Brandon McKoy | No Comments
The key measurements of economic security from 2013’s Census data tell a distressing story for New Jerseyans.
October 15th, 2014 by Jon Whiten | No Comments
If you’d prefer to read a PDF version of this report, click here. More than five years after the official end of the Great Recession, New Jersey’s economic growth is stalled, lagging far behind the recoveries of the nation and our neighbors. One harrowing byproduct of this soft recovery is that the share of jobless […]