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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.

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

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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.

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