The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood blog
Washington DC, as rumors swirl about a potential millionaire surtax and an increase in the top income tax rate to 40% or more, conservative voices are sounding the alarm. Many warn that such a move would represent a dramatic departure from the Republican Party’s long-standing commitment to low taxes and free-market economics — a formula credited with driving U.S. prosperity since the Reagan era.
the staff of the Ridgewood blog
Hackensack NJ, Bergen County has introduced its first annual budget following the expiration of American Rescue Plan (ARP) federal funding, bringing a modest increase to local property taxes for 2025. Homeowners with properties assessed at the county average of $530,000 will see a $69 increase on the county portion of their tax bill.
the staff of the Ridgewood blog
Ridgewood NJ, in December 19th, Ridgewood Village Manager Keith Kazmark shared a significant financial milestone for the Village of Ridgewood: S&P Global Ratings affirmed the Village’s ‘AAA’ bond rating and removed it from under criteria observation.
Continue reading S&P Global Ratings Affirmed the Village’s ‘AAA’ Bond Rating