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The “Tax Capital” of America? Why NJ Lawmakers are Fighting a New 11.5% Corporate Rate

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Is New Jersey’s 11.5% Corporate Tax Killing Jobs? Lawmakers Demand Repeal of ‘Transit Fee’

the staff of the Ridgewood blog

Trenton NJ, the Fight to Save New Jersey’s Economy.As New Jersey’s unemployment rate climbs to 5.4%—the second-highest in the nation—Assemblymen Christopher DePhillips (R-Bergen) and Brian Rumpf (R-Ocean) are issuing an urgent ultimatum to Governor Mikie Sherrill: Eliminate the Corporate Transit Fee now or risk a permanent “business exodus.”

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Assemblyman DePhillips Demands NJ Transit Audit and Corporate Fee Elimination

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NJ Corporate Transit Fee Under Fire: Lawmaker Proposes Rescinding 2.5% Surcharge and Slashing State Taxes

the staff of the Ridgewood blog

Ridgewood NJ—A new legislative battle is brewing in Trenton over New Jersey’s tax policies and the accountability of the state’s largest transportation agency. Assemblyman Christopher P. DePhillips (R-Bergen), a staunch critic of the state’s high corporate burden, has introduced a bill aimed at rescinding the controversial 2.5% corporate transit fee while simultaneously renewing his demand for a “top-to-bottom audit” of NJ Transit.

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