Tag: less affordable

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N.J. Chamber of Commerce President Says ,”This budget makes the state less affordable, less competitive, and less business friendly”

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N.J. Chamber of Commerce President and CEO Tom Bracken statement on the Fiscal Year 2026 State Budget

Trenton NJ, we are deeply disappointed in this year’s budget. It marks the eighth consecutive year of overspending and continues to show a troubling lack of focus on growing New Jersey’s current and future economies. This budget makes the state less affordable, less competitive, and less business friendly. Rather than driving progress, it maintains a status quo that has failed to deliver real economic success – and it’s not what New Jerseyans want, as reflected in a recent Rutgers-Eagleton poll showing widespread dissatisfaction with the state’s economic direction.

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NJ’s Budget Circus: More Taxes, More Spending, and Less Logic!

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the staff of the Ridgewood blog

Trenton NJ, Ah, New Jersey—home to great pizza, terrible traffic, and a budget strategy that makes Monopoly money look responsible. Today, the New Jersey Business & Industry Association (NJBIA) is begging lawmakers to do the unthinkable: stop spending like a teenager with their first credit card.

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Congressman Van Drew Warns Increase in New Jersey’s Sales Tax Will Make the State Even Less Affordable

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the staff of the Ridgewood blog

Trenton NJ, Congressman Van Drew voiced strong opposition to tax hikes proposed by the New Jersey Policy Perspective, warning that the suggested measures would make the state less affordable and drive more residents to leave the state. The think tank’s report calls for reversing a prior tax cut, which brought New Jersey’s sales tax rate down from 7% to 6.625% and would expand the scope of sales tax to include professional services such as attorneys and accountants.

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