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Is New Jersey’s Economy Heading for a Crash? Assemblyman DePhillips Demands Immediate Tax Cuts to Stop Job Losses

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New Jersey currently holds the title for the third-highest Unemployment rate in the United States

the staff of the Ridgewood blog

Trenton NJ, New Jersey is currently facing a dual economic crisis: a climbing unemployment rate and a “worst-in-the-nation” tax environment. As businesses struggle under the weight of new mandates and skyrocketing energy costs, Assemblyman Christopher P. DePhillips (R-Bergen) is sounding the alarm, calling on Governor Mikie Sherrill to enact emergency tax reforms before the “affordability crisis” worsens.

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