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Senate President Steve Sweeney : “NJBIA’s report underscores what we already know. High taxes make New Jersey less affordable

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the staff of the Ridgewood blog

Trenton NJ, Senate President Steve Sweeney (D-Gloucester, Salem, Cumberland) issued the following statement in response to the New Jersey Business and Industry Association’s “Indicators of Innovation” report.

“NJBIA’s report underscores what we already know. High taxes make New Jersey less affordable and our investments in higher education and research and development lags behind comparable states in the region, like Massachusetts and New York.

“We have a responsibility to the people of New Jersey to make our state more affordable, to lower the tax burden on our families and to invest in the next generation of innovators through education and technology. We can’t make the investments we need, however, until we address the long-term fiscal crisis, specifically the high pension and benefit costs that crowd out critical investment. We need to make smart investments, we need to control taxes and we need do it now, if we are going to get New Jersey back on track. If we make the difficult but necessary decisions today, we can make New Jersey a leader for generations to come.”

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Reader says , “As long as their leaves are swept, recycling is picked up on time and streets are clean of snow they are just fine”

I think it is past the point of no return. From Aronsohn to Knudsen to Realtor in Chief we have been taken for a ride. Deservedly so as this town is full of snobs who don’t really care about town management. As long as their leaves are swept, recycling is picked up on time and streets are clean of snow they are just fine (actually management of these issues sucks big time). As more of these types move into Ridgewood the situation will only get worse. We all came together against Valley but nobody gives a peep about the incredible and permanent impact all this housing will bring. In hindsight I wish Valley stayed. I would rather have doctor’s offices all around the village than ugly buildings and crowded streets and schools. Too late now. Unless we all rise and contest this travesty with housing at a time when people in droves are laving NJ we are finished. We are about to become a city. By the time we will all look to sell and leave we won’t even get our money’s worth. Developers are trying to maximize and occupy every inch they can get because they face no resistance by our chosen officials. Looking at the development site on Broad St they are digging foundations just about 5-10 feet from the train tracks. RW is their playground now but we are too stupid to realize.

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New Jersey Business & Industry Association’s 60th Annual Business Outlook Survey : New Jersey continues to be perceived as being non-competitive with other states

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file photo by Boyd Loving

the staff of the Ridgewood blog

Ridgewood NJ, Expectations are high for increased profits, sales and wages in 2019 following a successful 2018 for many New Jersey businesses, according to results found in the New Jersey Business & Industry Association’s 60th Annual Business Outlook Survey.But the survey, released today, also finds a much more guarded outlook for New Jersey’s economy on the whole. In addition to a marginal increase of business owners who will look to offset a $15 minimum wage with raised prices, reduced staff or hours, or an increase in automation, there was a sizable decline from last year in respondents expecting New Jersey’s economy to perform better in the first six months of 2019. Similarly, while 83 percent of members rated the performance of the U.S. economy as excellent or good, only 40 percent rated New Jersey’s economy in the same categories.

Continue reading New Jersey Business & Industry Association’s 60th Annual Business Outlook Survey : New Jersey continues to be perceived as being non-competitive with other states

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Reader says , “It’s no secret that NJ taxes were oppressing residents and businesses for a while now “

Phill Murphy -Sara Medina del Castillo

I’m not a Murphy fan, by far, but if Honeywell just got a $40 mil tax credit, then why splitting after less than 4 years? It’s no secret that NJ taxes were oppressing residents and businesses for a while now. The big loss is opportunity for skilled positions leaving and headed 600 miles south. The influx of unskilled illegals now the Murph has declared us a sanctuary state simultaneously with the weed business is an abomination.

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Syrian refugees are now fleeing New Jersey because of high cost of living, low quality housing, high taxes and safety concerns


July 25,2018

the staff of the Ridgewood blog

Ridgewood NJ, Syrian refugees recently placed in New Jersey Democrat run strongholds , are now fleeing the state because of high cost of living, low quality housing, high taxes and safety concerns, reports.

At Ktuf is a Syrian refugee who arrived in the United States in the summer of 2016, and planning on leaving New Jersey for Michigan next month. Ktuf told the reason she is leaving New Jersey for Michigan: “Over there, you can dream of buying a house, but here you can’t. Costs are so high, and taxes are so high.”

Ktuf’s brother in law moved to Dearborn last month, and was able to find a home with four bedrooms, a backyard and a garage for $1,200 a month.
Mohammad Hial is one of seven Syrian refugees telling the paper they are leaving or planning on leaving New Jersey this summer. Hial left New Jersey for Michigan last week. “This state (New Jersey) is very expensive,” Hial stated

The sanctuary state of New Jersey also presents other disadvantages .Sikander Khan, who head’s Global Emergency Response and Assistance said in addition to economic reasons, “Syrians are leaving Patterson because of safety concerns.”

Nour, a Syrian refugee who left the country after civil war broke out, was interviewed by The Bergen Record, but asked to only be identified by his first name for “safety concerns.” Last month Nour was hit over the head with a metal pipe and robbed of $2,800. Nour told caseworkers, he was “considering moving to Turkey because of crime.” Nour added his two daughters, 14 and 16, “no longer want to leave the apartment.”

Of the seven families interviewed, five are headed to Michigan. As refugees, where many Syrians are eligible for rent assistance for up to 24 months. It looks like after the rent assistance runs out, many Syrians are not happy with Democratic stronghold New Jersey, and fleeing to other states with better opportunities.

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NJGOP has Harsh Words on Murphy’s State Shutdown

Phill Murphy -Sara Medina del Castillo

June 30,2018

the staff of the Ridgewood blog

Trenton NJ , As New Jersey’s state government approaches what seems to be an inevitable shut down, NJGOP Chairman Doug Steinhardt released the following statement:

“As Democrat politicians in Trenton paralyze important government services fighting over what taxes to raise, the people of New Jersey are struggling to understand why their representatives aren’t working out a way to take New Jersey in the other direction and reduce the tax burden. Governor Murphy and the Democrats in Trenton have carried on a completely partisan process that has led us to this point. Governor Murphy calls this a high cost for high return state, but on one of the busiest weekends of the year, New Jerseyans can expect zero return for their highest in the country taxes. The NJGOP will carry this memory, in great detail, into every Election Day until we have reasonable representation minding our tax dollars.”

Following reports regarding a letter from New Jersey Attorney General Gurbir S. Grewal that a state government shutdown would force horse tracks to shut their doors, U.S. Senate candidate Bob Hugin issued the following statement:

“Governor Murphy and his Attorney General should stop playing politics and using New Jersey’s businesses, employees, and the thousands of people planning to celebrate their holiday weekend as pawns in his misguided effort to hike taxes,” said Hugin. “Instead of doubling down on failed policies that have made New Jersey unaffordable for residents, families, and businesses, Governor Murphy should work with the legislature to provide tax relief and create an environment that allows our businesses to thrive and prosper.”

Assemblywoman Serena DiMaso echoed Hugin’s comments.

“Governor Murphy should stop playing politics by threatening New Jersey’s businesses with a government shutdown over his misguided plan to hike taxes on our residents,” said DiMaso. “What he should be doing is working to provide tax relief for hard-working New Jerseyans and focusing on policies that allow our businesses to thrive.”


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New Jersey Population Sinks for the First Time in a Decade

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September 16,2017

the staff of the Ridgewood blog

Ridgewood NJ, New estimates from the American Community Survey which is billed as the premier source for detailed information about the American people and workforce , suggest New Jersey lost about 13,000 people from 2015 to 2016, which would reverse several years of slow growth since the state was decimated by the housing crisis in the mid-to-late-2000s.

If this holds New Jersey may have lost population for the first time in a decade .  Household formation is one of the key economic drivers . A loss of population could lead to further economic stagnation, a reduced tax base and a potential loss of a congressional district.

While many debate the issue analysis by NJ Advance Media (NJ.COM) shows about 226,000 people moved out of the state between 2015 and 2016, about 30,000 less than the total who moved to the Garden States from within the country and abroad.

With a historically low birth rate, New Jersey’s growth in recent years has hinged upon immigration . However the number of people leaving keeps growing, stagnating the state’s population on the cusp of nine million.

Poll after poll list New Jersey as the state most people want to leave . High taxes, particularly property taxes, estate taxes , high cost of living , state corruption and limited job opportunities  are all sighted as reasons to flee New Jersey.

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37 percent of people in N.J. are among the working poor, study says


By Stephen Stirling | NJ Advance Media for
on January 16, 2017 at 7:30 AM, updated January 16, 2017 at 7:53 AM

Charlene O’Brian doesn’t want help.

The 38-year-old single mother of two has built her life on being a strong, independent woman. The Hardyston divorcee has a full-time job training educators, which she balances with raising her 7 and 10 year-old boys, the latter of which has special needs. In her spare time she runs and designs grueling obstacle courses, the kind that make even the biggest fitness buff think twice.

But O’Brian knows today she needs help. She just doesn’t know where to turn to get it.

“It doesn’t make me feel good. It’s been a struggle,” O’Brian said. “But it makes me want to make a difference.”

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Gottheimer/Clinton tax plan will Hit Bergen County Residents Especially Hard

Joshua S

August 23,2016

the staff of the Ridwood blog

Ridgewood NJ, As a professional political operative, Josh Gottheimer knows how to lie to voters in order to get what he wants. He helped Bill Clinton do it for years.

Now, Josh Gottheimer is lying to Fifth District voters about being a “fiscal conservative ” ,when in reality, he supports Hillary’s extreme tax agenda.

This is an agenda that will hit residents of the Fifth District even harder than average Americans . Bergen County already ranks #17 in the country in taxes paid out of 3,007 counties nationwide. The average amount in taxes paid per Bergen County resident is $17,889 and the Gottheimer/Clinton Tax plan will make that number even higher.

Gottheimer learned to lie from the best . Voters may remember that then Senator Hillary Clinton pledged she would not raise taxes on the middle class, then voted repeatedly to do so, including voting in favor of raising taxes on individuals earning as little as $41,500.

The Clintons expect loyalty from those they’ve helped, so will Josh Gottheimer do what he’s always done, and advance the wishes of his biggest patrons by supporting Clinton’s tax plan.

Clinton’s tax plan is bad for Fifth District voters. It means less money in our wallets, less money for our retirement accounts, and fewer job opportunities.

The Tax Foundation has data on what the Gottheimer/Clinton tax plan has in store for voters, and it’s not good:

Table 1. Tax Brackets under Hillary Clinton’s Tax Plan
Ordinary Income Capital Gains and Dividends Single Filers Married Filers Head of Household
10% 0% $0 to $9,275 $0 to $18,550 $0 to $13,250
15% 0% $9,275 to $37,650 $18,550 to $75,300 $13,250 to $50,400
25% 15% $37,650 to $91,150 $75,300 to $151,900 $50,400 to $130,150
28% 15% $91,150 to $190,150 $151,900 to $231,450 $130,150 to $210,800
33% 15% $190,150 to $413,350 $231,450 to $413,350 $210,800 to $413,350
35% 15% $413,350 to $415,050 $413,350 to $466,950 $413,350 to $441,000
39.6% 20% $415,050 to $5 million $466,950 to $5 million $441,000 to $5 million
43.6% 24% $5 million and above $5 million and above $5 million and above
  • Enacts the “Buffett Rule,” which would establish a 30 percent minimum tax on taxpayers with adjusted gross income (AGI) over $1 million – this hurts job-creating small businesses in the Fifth District.
  • Caps all itemized deductions at a tax value of 28 percent.
  • Adjusts the schedule for long-term capital gains by raising rates on medium-term capital gains to between 27.8 percent and 47.4 percent (Table 2).


Table 2. Top Marginal Long-Term Capital Gains Tax Rate Schedule under Hillary Clinton’s Tax Plan
Years Held Marginal Tax Rate Net Investment Income Tax Surtax on incomes over $5 million Combined Rate on Capital Gains
Less than One 39.6% 3.8% 4% 47.4%
One to Two 39.6% 3.8% 4% 47.4%
Two to Three 36% 3.8% 4% 43.8%
Three to Four 32% 3.8% 4% 39.8%
Four to Five 28% 3.8% 4% 35.8%
Five to Six 24% 3.8% 4% 31.8%
More than Six 20% 3.8% 4% 27.8%
  • Limits the total value of tax-deferred and tax-free retirement accounts.*
  • Taxes carried interest at ordinary income tax rates instead of capital gains and dividends tax rates.*


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New Jersey: The least liked state in America


file photo by Boyd Loving
New Jersey is the only state which Americans tend to have an unfavorable opinion of

As America prepares to celebrate its 239th birthday this Saturday, YouGov compiled a ‘State of the States’, asking Americans how they feel about each and every state that forms our country.
This research shows that New Jersey is the only state in the country which people tend to have a negative opinion of. 40% of Americans have an unfavorable opinion of New Jersey while 30% have a favorable opinion of the state, giving the state a net favorability rating of -10%. In contrast, Alabama, the second least popular state in the country, has a net favorability rating of +8%, as 39% of Americans have a favorable view of Alabama and 31% have an unfavorable opinion. After Alabama the least popular states are Illinois (+9%), Mississippi (+9%) and Indiana (+12%).
Hawaii is the most popular state in the union with a net favorability rating of +56%, with 67% of Americans having a favorable view of the state and only 11% having an unfavorable opinion. Hawaii is followed by Montana (+43%), Wyoming (+42%), Alaska (+42%) and Maine (+42%).