Trenton NJ, Democrat Governor Phil Murphy’s growing discord with his own party continues to drag down his administration in New Jersey.
Politico is reporting that Murphy’s conflict with South New Jersey Democrat Party boss George Norcross “has turned into an open civil war” with Murphy launching “an unprecedented public attack on Norcross” by opening an inquiry into state tax incentive programs. This comes as Norcross has savaged Murphy in the press, calling him “politically incompetent” and a “liar” who thinks he is “the King of England.”
Ridgewood NJ, Who is funding New Direction New Jersey, the dark money group supporting Governor Murphy’s agenda?
No surprise: it’s New Jersey’s most powerful special interest, the New Jersey Education Association (NJEA). This $2.5 million in surreptitious spending is just one example of how the NJEA obscures its political activities from the public and even its own members. There are many others.
“NJ already has the highest combined, state, local, and corporate tax rates in the United States… and the public pension funds will be insolvent by 2027… which means NJ taxpayers have unlimited liability carrying the $12B per year paid out to retired public sector workers, plus their PAYGO (pay as you go) platinum health insurance… Ponzi scheme where the math doesn’t work when private sector employers are leaving and aren’t investing in the state. NJ also has net migration which only worsens the Ponzi scheme. Public sector unions only care about squeezing more blood from a shrinking stone. Greedy pigs “
“Same for CA, IL, etc, but When the state sends out $12bn a year already in annual pension checks (or 1/3 of our current annual NJ state budget), we have an unlimited pension liability in perpetuity once the public sector pension funds go insolvent by 2027… and that’s not even including “pay-as-you-go” (PAYGO) platinum healthcare insurance… the math doesn’t work. States like NJ, CA, IL, etc will have to explore bankruptcy filings to protect them from all of these excessive liability claims! “
New Jersey Business & Industry Association President and CEO Michele N.Siekerka, Esq. today issued the following statement on state revenue announcements by the state Office of Legislative Services and Treasury.
“The state tax collections announced today are encouraging, but not necessarily surprising considering the strength of the national economy, coupled with a Corporate Business Tax rate increase last year that is now second highest in the nation and is bringing in record receipts for the state. “What is surprising, in light of this windfall, is the continued call for even more taxation as part of the FY 2020 budget proposal. Clearly, this additional revenue is more justification to not increase the Gross Income Tax rate on those making over $1 million, as proposed, as it will further hurt our competitiveness in the region.
Trenton NJ, Attorney General Gurbir S. Grewal announced today that New Jersey and a coalition of 43 other States have filed a lawsuit accusing 20 generic drug companies of conspiring to artificially inflate the prices of over one hundred generic drugs, in violation of federal and state antitrust and consumer protection laws.
Trenton NJ, A Somerset County, New Jersey, man was sentenced today to 46 months in prison for illegally exporting from the United States a wide array of weapons, including assault rifles, U.S. Attorney Craig Carpenito announced.
Pedro Vergara, 55, of Branchburg, New Jersey, previously pleaded guilty before U.S. District Judge Michael A. Shipp to an information charging him with one count of smuggling firearms from the United States. Judge Shipp imposed the sentence today in Trenton federal court.
TRENTON NJ, A New Jersey state trooper was arrested today for allegedly engaging in a sexually explicit email exchange with an adult woman about a prepubescent girl, during which the trooper and the woman allegedly exchanged sexually explicit photos, including a photo of the young girl.
Trooper Jeffrey Reitz, 47, of Williamstown, N.J., was arrested today on a charge of third-degree possession of child pornography. Reitz was held in custody pending a first appearance in court. Reitz, who is assigned to the Commercial Carrier Safety Inspection Unit, has been suspended by the New Jersey State Police.
NEWARK NJ, Ronald L. Rice, State Senator of New Jersey’s 28th District, centered in one of the state’s urban areas most vulnerable to the impact of recreational marijuana legalization, today issued the following statement on the ill-conceived strategy of tie-barring three pieces of marijuana legislation:
I once again seek to be the voice of reason in this nonsensical legislative wrangling of pivotal marijuana legislation. I do so because we are at the crossroads of a decision that will change the face of New Jersey forever. We are not talking about Colorado or another state with a vast expanse of open land. Our state has the densest population per square mile in the nation. It sits between two major metropolitan centers, is streaked with high speed turnpikes and parkways and carpeted with urban areas and their suburbs where families could be devastated by irresponsible recreational marijuana laws.