Statement

Poll Shows That Taxing Big Corporations is Not Only Good Policy But Incredibly Popular


A new poll from Fairleigh Dickinson University shows strong support for taxing profitable corporations to fund NJ Transit.

Published on Oct 20, 2023 in Tax and Budget

A new poll released earlier today from Fairleigh Dickinson University shows that New Jersey residents strongly support extending a tax on the most profitable corporations to fund NJ Transit. The poll results show a majority of overall voters (54 percent support, 29 percent oppose), independents, and Democrats support the policy, as well as a majority of voters in regions across the state. In response to the new poll, New Jersey Policy Perspective (NJPP) releases the following statement.

Peter Chen, Senior Policy Analyst, NJPP:

“This new poll is proof that taxing big corporations to fund public infrastructure like NJ Transit is not only good policy but incredibly popular. Large multinationals like Amazon and Wal-Mart have been raking in record profits while public investments and programs continue to suffer from decades of disinvestment. Handing Big Business a billion-dollar tax cut is the wrong move while everyday New Jerseyans still need help with basic needs. Across all races and regions, residents clearly believe in getting profitable corporations to pay their fair share for the public services we all rely on.

“This poll underscores the Legislature’s simple choice when lawmakers return to Trenton: let corporations take a massive and unpopular tax cut, or fund popular infrastructure.”

 

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