Tag: Phil Murphy

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Murphy’s Poor Fiscal Policies Leaves NJ Ill-Prepared for Next Recession

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the staff of the Ridgewood blog

TRENTON NJ, Just as New Jersey was not prepared to weather the Great Recession, the state is once again vulnerable to a future economic downturn, according to a new report released today by New Jersey Policy Perspective (NJPP). Authored by a practicum of graduate students from the Rutgers University Bloustein School of Planning and Public Policy, the report compares New Jersey’s preparation for and response to the Great Recession with that of five other states: Connecticut, Illinois, Maryland, Massachusetts, and North Carolina.

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Senator Kristin Corrado Slams Governor Murphy’s Appointment of Derrick Green to Public Bank Implementation Board

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the staff of the Ridgewood blog

Ridgewood NJ, Senator Kristin Corrado slammed Governor Murphy’s appointment of Derrick Green to the Public Bank Implementation Board created through executive order today.

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National Consumer Law Center’s 50-State Review Gives New Jersey an F Rating on Consumer Protections from Debt Collectors

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the staff of the Ridgewood blog

Highland Park NJ, A new report from the National Consumer Law Center surveying exemption laws that protect consumers’ wages, assets in a bank account, and property from seizure by debt collectors gives New Jersey an “F” for extremely weak protections. No Fresh Start in 2019: How States Still Let Debt Collectors Push Families into Poverty surveyed the laws of 50 states, the District of Columbia, Puerto Rico, and the Virgin Islands and found that not one jurisdiction’s laws meet basic standards so that debtors can continue to work productively to support themselves and their families.

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Assemblywoman Schepisi Blasts Murphy for appointing Derrick Green to Banking Board

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the staff of the Ridgewood blog

TRENTON NJ, Assemblywoman Holly Schepisi (R-Bergen) released the following statement after Gov. Phil Murphy signed an executive order appointing the ethically dubious Derrick Green to his public bank implementation board.

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Yes You Can a $250 Fine for Warming Up Your Car in New Jersey

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by Rich Pezzullo

Ridgewood NJ, I didn’t believe it until I read it myself. New Jersey State Code, section 15, you risk a $250 fine. – § 7:27-15.8 Idle standard – (a) No person shall cause, suffer, allow, or permit the engine of a gasoline-fueled motor vehicle to idle for more than three consecutive minutes if the vehicle is not in motion.

Nearly all county health departments have been delegated authority to enforce the new idling standards. In addition, State and local police departments can enforce the standard on public roadways and on private property.

Yep, the police can ticket you for idling in your driveway.

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Elected public officials have a responsibility to deliver essential public services at the lowest possible cost to taxpayers

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The following editorial by Senator Mike Doherty was published by NJ.com on November 8, 2019:

Elected public officials have a responsibility to deliver essential public services at the lowest possible cost to taxpayers. Too often, however, we see officials at all levels of government resigned to the notion that New Jersey will always be a high-cost place. They accept as fact that it’s impossible to fix our roads or build new schools without levying the highest taxes in the nation.

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New Jersey Small Business at the Breaking Point

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the staff of the Ridgewood blog

Ridgewood NJ, NJBIA President and CEO Michele N. Siekerka Esq. issued the following statement today regarding the current lame duck session of New Jersey’s Legislature.

“NJBIA urges our lawmakers to hit the pause button on policies and mandates that add increased burdens on New Jersey businesses, both small and large, as legislators work on their priorities for the close of the current Legislative session.

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Thank Phil Murphy For New Jersey’s Pathetic Economic Growth Rate

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the staff of the Ridgewood blog

Ridgewood NJ , according to the Garden State Initiative New Jersey GDP growth is dismal ranking 48th in the US. New Jersey’s economic growth fell by more than half to .7% in the 2nd quarter of 2019. New Jersey is growing at less than half the rate of New York, Pennsylvania or Delaware.

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Senator Corrado, Assemblyman Rooney, and Assemblyman DePhillips Call Murphy’s moves to crack down on worker abuse All Talk

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Ridgewood NJ, Senator Kristin Corrado, Assemblyman Kevin Rooney, and Assemblyman Christopher DePhillips issued the following joint statement calling on Governor Phil Murphy to end the all-too-common illegal abuse of workers in the construction industry.

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New Jersey Ranked At Bottom of Barrel in Business Tax Climate for Sixth Year in a Row

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the staff of the Ridgewood blog

TRENTON NJ, the Tax Foundation released its annual State Business Tax Climate Index, and New Jersey is in 50th place for the sixth year in a row. The authors say the ten states in the lowest rankings “have a number of afflictions in common, complex, nonneutral taxes with comparatively high rates.”

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New Jersey Continues to Lag US job Growth

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the staff of the Ridgewood blog

MORRISTOWN NJ, According to Garden State Initiative (GSI) analysis of the newest jobs numbers issued by the Bureau of Labor Statistics, New Jersey’s employment picture was essentially flat in September as the state lost 200 jobs, the private sector added 900 positions while the public sector shed 1,100 positions.  The numbers stand in contrast to the overall U.S. economy which added 135,000 new jobs in September. The state’s unemployment rate edged lower by .01% to 3.2%. The numbers indicated an increase in the state’s workforce size but a decline in the labor participation rate.

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New Jersey has full-time problems that require the undivided attention of a full-time Governor

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the staff of the Ridgewood blog

Trenton NJ, New Jersey has full-time problems that require the undivided attention of a full-time Governor. Phil Murphy should take heed.

New Jersey taxpayers have no appetite whatsoever for a Governor of either party spending his/her time flying around the country engaged in partisan activities raising money, campaigning and strategizing for their political party. For New Jersey’s sake, this is not the time for Phil Murphy to become Chairman of the Democratic Governors Association (DGA).

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Three out of four accountants agree that when it comes to finding relief from rising business and personal taxes, the answer often is “anywhere but here.”

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by Ralph Albert Thomas, CPA(DC), CGMA

CEO and Executive Director, NJCPA

A recent survey of New Jersey Society of Certified Public Accountants (NJCPA) members found that 75 percent of CPAs have advised some clients to relocate their homes or businesses outside of New Jersey to reduce their tax burdens.

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Phil Murphy the Anti-Business Governor

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the staff of the Ridgewood blog

TRENTON NJ, NFIB, the leading small business association in the nation, with thousands of members in New Jersey reacted today to Governor Phil Murphy’s statement on taxes made at a Rowan University according to a news outlet. KYW reported that the Governor said “If you’re a one-issue voter and tax rate is your issue, either a family or a business if that’s the only basis upon which you’re going to make a decision, we’re probably not your state.” NFIB’s State Director in New Jersey, Laurie Ehlbeck commented on Gov. Murphy’s statement:

“Taxes are one of the top concerns of the nearly 900,000 small businesses in the state, and it’s unbelievable that the Governor would imply with his words if that’s so, New Jersey is probably not their state. He is implying they are unwelcome if they don’t want to pay more–that is ludicrous.

“It’s becoming clear that our Governor’s goal is to spend, spend, spend, and even though legislative leaders fought him on that, he is now attacking those who pay the state’s bills, small business owners. If they take his suggestion and leave New Jersey, our state will be a very sorry place. Its already ranked among the worst for high taxes.”