Kelli Parker


Large corporations used “paper losses” to avoid $1.2B in state taxes

New Jersey Policy Perspective (NJPP) today released Lossmaxxing: It’s Time to Crack Down on Business Loss Deductions, showing that New Jersey’s net operating loss (NOL) deduction cost the state roughly $1.2 billion in lost corporate tax revenue in 2023 — with nearly all of that flowing to fewer [...]

New Report Finds NJ Tax Break for the Wealthy Has Doubled in Cost, Sends 60% of Benefits to Millionaires

A state tax deduction meant to help small business owners has grown into a $190 million giveaway that overwhelmingly benefits New Jersey’s wealthiest households, according to a new report from New Jersey Policy Perspective (NJPP). The report, “Not As Easy As ABC,” finds that reforming the deduction could [...]

NJ’s Cash Assistance Program Has Left Families Behind for Nearly 30 Years

NJPP today released “A Safety Net in Retreat: An Obstacle Course Known as TANF,” a new report by Policy Analyst & State Policy Fellow Tonanziht Aguas examining nearly three decades of erosion in New Jersey’s Temporary Assistance for Needy Families (TANF) program. Building on an explainer published Tuesday, [...]

AI Data Centers Drive 20% Electric Bill Spike, Cost New Jersey Families Billions

Families and small businesses across New Jersey are paying higher electric bills to subsidize the explosive growth of AI data centers, according to a new report from New Jersey Policy Perspective released today. The report, “Fool’s Gold: The Hidden Costs of AI Data Centers for New Jersey,” finds [...]