Murphy’s tax and spending plan will face a fundamental economic reality, government spending does not boost an economy

November 27,2017
Murray Sabrin Professor of Finanace at Ramapo College

I sent the following letter to Tom Moran about his column. http://www.nj.com/opinion/index.ssf/2017/11/njs_millionaires_tax_hike_is_losing_support_moran.html

Your editorial today misses several points. If Murphy wants to spend more, then all New Jerseyans should pay higher taxes. Your support of his tax hike on upper income individuals and families is nothing less than […]

By |November 27th, 2017|Trenton|4 Comments

Murphy Needs You on His Transition Team

November 27,2017

the staff of the Ridgewood blog

Ridgewood NJ, Murphy transition maintained a pretty low profile during Thanksgiving week, and the governor-elect himself made just one photo op feeding the down and out and less fortunate.

But there is plenty to be done behind the scenes: speeches to write, interviews to conduct, names to vet for jobs […]

By |November 27th, 2017|Trenton|6 Comments

New Jersey’s public-pension system currently holds less than 38 percent of what the state owes its retirees

November 27,2017

the staff of the Ridgewood blog

Trenton NJ, according to Michael Lilley in the article New Jersey Public Unions, Ascendant https://www.city-journal.org/html/new-jersey-public-unions-ascendant-15568.html ,

“New Jersey’s public-pension system currently holds less than 38 percent of what the state owes its retirees, which amounts to a $135 billion shortfall. Adding to this unfunded liability, the state also owes retirees […]

By |November 27th, 2017|Trenton|0 Comments

Aronsohn and Simincini Make the Murphy Transition team

November 22,2017
the staff of the Ridgewood blog
Ridgewood NJ, both former Mayor Paul Aronsohn and Ron Simincini were selected for the Murphy transition team.
Aronsohn in Human and Children Services and Simincini in Housing .
Well Ridgewood you now know what you voted for . Murphy has made it abundantly clear that he intends to raise your taxes […]

By |November 22nd, 2017|Trenton|15 Comments

Former Police Officer Who Stole $105,000 from PBA Will Not See Jail Time

November 21,2017
the staff of the Ridgewood blog

TRENTON NJ, Attorney Christopher S. Porrino announced that a retired police officer who formerly served as president and state delegate of New Jersey Policemen’s Benevolent Association (PBA) Local 59 in Cape May was sentenced today for embezzling large sums from the union over a period of five years. The […]

By |November 21st, 2017|Trenton|10 Comments

Federal Tax Reform Might Push New Jersey to Reform Tax System

November 20, 2017
Joseph Bishop-Henchman

Ridgewood NJ, New Jersey has long been the punching bag of state tax scholars. The state has the worst state business tax climate of the 50 states and the third highest overall state and local tax burden (behind only Connecticut and New York). Any New Jersey resident knows they pay the highest […]

By |November 21st, 2017|Trenton|0 Comments

Opioid Wars :Attorney General Porrino Expands War on Opioid painkillers by Going After Drug Company Founder

November 19,2017
the staff of the Ridgewood blog

Trenton NJ,Attorney General Christopher S. Porrino announced today that New Jersey has filed an amended consumer fraud and false claims complaint against Insys Therapeutics, Inc. – maker of the powerful opioid-fentanyl drug Subsys – that adds as a defendant John N. Kapoor, billionaire founder of the company.

Insys and Kapoor […]

By |November 19th, 2017|Trenton|0 Comments

Former Democrat mayor of Paterson, N.J, was sentenced to 5 Years in prison

photo Congressman Bill Pascrell, Jr.,Senator Bob Menendez, Nellie Pou, and Jose “Joey” Torres.

November 15,2017

the staff of the Ridgewood blog

Paterson NJ,  Attorney General Christopher S. Porrino announced that Jose “Joey” Torres, the former mayor of Paterson, N.J, was sentenced to prison today for directing that city employees perform work at a private warehouse leased by his […]

By |November 15th, 2017|Trenton|8 Comments

Murray Sabrin : Phil Murphy and Democrats are legal versions of Willie Sutton

 

Murray Sabrin
Professor of Finance at Ramapo College

Regarding “State senate president plans to push tax bill,” (Nov. 9, page 1A). The people of New Jersey spoke loud and clear on election night. They want state government to spend more of their money. Not really their money, just upper income folks who make up a small percentage […]

By |November 10th, 2017|Trenton|6 Comments

Marijuana could take New Jersey to New Highs

November 10,2017

the staff of the Ridgewood blog

Ridgewood NJ, Following Democrat Phil Murphy’s victory in New Jersey’s gubernatorial election on Tuesday, marijuana legalization in the state could very quickly become a reality. The incoming governor, made cannabis legalization a key part of his campaign platform. Murphy has promised to legalize pot for Garden State stoners aged […]

By |November 10th, 2017|Trenton|8 Comments