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Financial Transaction Tax : New Jersey’s Policymakers need to think about the Collateral Damage that High Taxes and Affordability Issues Cause

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the staff of the Ridgewood blog

Mahwah  NJ, The New Jersey Business & Industry Association today said a bill that would impose a new tax on electronic stock trades processed in New Jersey could easily lead to exchanges leaving the state, resulting in a loss of jobs and tax revenue in yet another hit against New Jersey’s business competitiveness.

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