Phil Murphy - Page 45 of 63 - THE RIDGEWOOD BLOG.

Posted on July 22, 2019July 21, 2019 by James — 3 Comments

Pew Charitable Trusts : New Jersey has the second-largest pension fund deficit in the nation

the staff of the Ridgewood

Trenton NJ, Research by The Pew Charitable Trusts shows New Jersey has the second-largest pension fund deficit in the nation and underscores the urgent need to transition to a more sustainable hybrid system, NJBIA President & CEO Michele Siekerka said Friday.

According to Pew’s nationwide research on the fiscal health of public employee retirement plans, New Jersey ranked 49^th in the U.S. because its plans were only 36% funded. New Jersey is one of only five states with less than 50% of the assets needed to fully fund its pension liabilities, according to Pew’s analysis of 2017 data.

Posted on July 19, 2019July 19, 2019 by James — 1 Comment

Governor Murphy’s lawsuit against the Internal Revenue Service is a waste of state resources and taxpayer money

the staff of the Ridgewood blog

Trenton NJ, Senator Joe Pennacchio criticized Governor Murphy’s lawsuit against the Internal Revenue Service, claiming it is a waste of state resources and taxpayer money.

“The Murphy Administration is lawsuit happy,” said Pennacchio (R-26). “The Governor should not be using New Jersey taxpayer dollars to play politics. Rather than fighting with the federal government, I urge Governor Murphy to focus on genuine and immediate tax solutions that we have the power as state lawmakers to advance.”

Posted on July 19, 2019July 19, 2019 by James — 1 Comment

Governor’s IRS Lawsuit Does Not Solve State’s High Tax Problem

the staff of the Ridgewood blog

Trenton NJ, Senator Steven Oroho said that a lawsuit announced today by Governor Phil Murphy and Attorney General Gurbir Grewal against the Internal Revenue Service amounts to window dressing and won’t provide meaningful, long-term property tax relief to New Jersey families.

“New Jersey homeowners are the most overtaxed residents in the United States,” Oroho said. “The lawsuit announced today does very little to address that. The better approach would be to fix the state’s underlying tax problems that make the SALT limitation an issue. Governor Murphy can help make the Garden State more competitive and accomplish real savings for taxpayers by getting behind the Path to Progress reforms that have bipartisan support in the Legislature.”

Posted on July 19, 2019July 19, 2019 by James — 1 Comment

Reader says , “there are swarms of professional thieves being dropped off in our historically safe quite neighborhoods”

“The problem is not cars getting stolen from Starbucks because keys left in car running. Nor is it stupid people living with us. The concern to all of us is, and should be, that there are swarms of professional thieves being dropped off in our historically safe quite neighborhoods. THAT has not been going on my entire life. As for the police, they did respond quickly and they did watch the neighborhood the nights after to see if they came back for stuff they had dropped in haste running away. I also know that because they stopped a car dropping off my child returning home late one evening shortly after one of the incident to check the person driving. I find it quite misplaced to direct blame or criticism towards the Police when this is occurring all over the county and in fact I know it has been going on in similarly nice areas in the Princeton area as well.”

Posted on July 18, 2019July 17, 2019 by James — 1 Comment

NJ Governor and Attorney General Launch another Ludacris Lawsuit Against the IRS

the staff of the Ridgewood blog

SOUTH ORANGE NJ, Governor Phil Murphy and Attorney General Gurbir S. Grewal embark once again on a fool’s errand,. In a press release Wednesday and claiming ,”Acting to protect state taxpayers from the Trump Administration’s repeated efforts to unfairly target them, Governor Phil Murphy and Attorney General Gurbir S. Grewal today announced that New Jersey has filed a federal lawsuit against the Internal Revenue Service (IRS) and the U.S. Treasury Department.

Filed in the U.S. District Court for the Southern District of New York, the lawsuit seeks to strike down a new IRS rule that would prevent New Jersey residents from obtaining a full federal charitable deduction whenever they contribute to local governments and other qualifying institutions and receive tax credits in return.”

Posted on July 16, 2019July 16, 2019 by James — 8 Comments

Reader says ,”There will be no more “rich” to tax once all the rich have left”

Ridgewood NJ, news reports indicate that Phil Simms and Jon Bon Jovi are selling their high-priced, high-taxed New Jersey homes, possibly at deep-discounts.

a reader states the obvious ,”There will be no more “rich” to tax once all the rich have left. The “rich” can take the hit on their mansions in NJ and CT and make the difference up very quickly by moving to FL and paying a fraction of the taxes there. The dems and progs just don’t get this very simple concept.”

Posted on July 16, 2019July 16, 2019 by James — Leave a comment

Reader says, “Gov. Murphy and the politicians in Trenton have no interest in finding ways to reduce spending”

for sale Ridgewood_Real_Estate_theRodgewopodblog

file photo by Boyd Loving

“It is quite amazing that Gov. Murphy and the politicians in Trenton have no interest in finding ways to reduce spending as opposed to raising taxes and increasing spending. Several years ago David Tepper moved himself and his business’s to Florida which put a major dent in New Jersey’s tax collections. Will they ever learn?”

Posted on July 15, 2019July 14, 2019 by James — 7 Comments

Is Greenwich CT’s Housing Crash Predictive of NJ?

file photo by Boyd Loving

Garden State Initiative’s president Regina Egea

Ridgewood NJ, While it news reports indicate that Phil Simms and Jon Bon Jovi are selling their high-priced, high-taxed New Jersey homes, possibly at deep-discounts, Garden State Initiative’s president Regina Egea recently authored on op-ed on how a crash of high-end real estate in Connecticut could be spreading to NJ – and what that means for Garden State taxpayers.

The Garden State Initiative is dedicated to making New Jersey a place where families and businesses can thrive. We are a nonpartisan research and educational organization that offers practical free-market solutions to the state and local challenges facing New Jersey.

A recent Wall Street Journal report “Wealthy Greenwich Home Sellers Give in to Market Reality” on Connecticut’s real estate market should engender concern by all New Jersey residents.

Posted on July 13, 2019July 14, 2019 by James — 1 Comment

Old Bridge Councilman Razzoli: Enforcing Federal Laws is a Duty, Not a Choice

By Mark Razzoli

When the governor and state legislature think they are arbiters of constitutional analysis, there is an intrinsic problem. There is nothing that has been debated since the Civil War that allows for the cherry picking of which federal laws to enforce, and which to opt out of because they don’t happen to agree with our current agendas.

When New Jersey’s Attorney General calls for sheriffs across our state to ignore federal immigration laws, and when the Governor and his soldiers rally behind him, it once again validates that New Jersey is on a slippery slope toward political anarchy.

Posted on July 13, 2019July 14, 2019 by James — Leave a comment

Reader says ,” If the governor and attorney general in NJ do not respect the federal law and actually strongly speak against it then we have a lawless state”

“We are headed towards disaster as a state and maybe as a country too. If the governor and attorney general in NJ do not respect the federal law and actually strongly speak against it then we have a lawless state. If I personally broke a law I would be arrested and taken to court. Why are these 2 individuals above the law and nobody says anything about them? As per voting them into office I do not understand who voted for them. Local FB pages show an average of 80-90% of posters speaking against them. Who voted for them??? Maybe it was just the large cities where the bulk of people live?!”

Posted on July 11, 2019July 11, 2019 by James — 1 Comment

Murphy’s Sanctuary State Directive : A Reckless Political Agenda

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the staff of the Ridgewood blog

Trenton NJ, This week, Governor Phil Murphy doubled down on his Administration’s decision to direct local elected officials to impede federal immigration officials in their sworn duty to enforce federal immigration laws. Murphy’s Attorney General issued a strongly worded warning to two county Sheriffs, just weeks after a similarly stern-worded missive sought to prevent Sussex County voters from expressing their views on the State’s immigration and Sanctuary policies.

Posted on July 11, 2019July 11, 2019 by James — 2 Comments

Fairleigh Dickinson University Poll: Motorists Not Seeing Benefits Of Recent Gas Tax Increases

the staff of the Ridgewood blog

Fairleigh Dickinson University, Madison, New Jersey, July 10, 2019– Garden State motorists are not seeing the effects to the state’s roads and bridges from recent rate gas tax hikes, according to a joint survey from the Fairleigh Dickinson University Poll and the International Union of Operating Engineers Local 825. Despite increases of more than 27 cents a gallon total since 2016, a third of all adults say the quality and safety of New Jersey’s roads, bridges, and tunnels is getting worse. In addition, a third have experienced car damage as the result of potholes or other road imperfections in the past year.

Posted on July 10, 2019July 10, 2019 by James — 1 Comment

CALLS FOR INVESTIGATION OF MASSIVE TAX BREAKS FOR MURPHY SUPPORTED PHARMACEUTICAL COMPANY WITH LINKS TO OPIOID EPIDEMIC

the staff of the Ridgewood blog

Trenton NJ, Assemblywoman Patricia Egan Jones called for an investigation into Teva Pharmaceutical today and submitted testimony to Governor Murphy’s Task Force on the New Jersey Economic Development Authority’s Tax Incentive Program.

Posted on July 9, 2019July 9, 2019 by James — 5 Comments

New Jersey Named 2019’s 2nd Worst State to Start a Business

the staff of the Ridgewood blog

Ridgewood NJ, With the stock market booming, the personal-finance website WalletHub today released its report on 2019’s Best & Worst States to Start a Business as well as accompanying videos.

Posted on July 8, 2019July 9, 2019 by James — Leave a comment

Taxpayers just got handed a behemoth of a budget. Come November, give Republicans a chance to do better

By Doug Steinhardt

On June 20, 2019, legislative Democrats captured the state budget and held it hostage. Then, on June 30, Gov. Phil Murphy signed the ransom note, a $38.7 billion behemoth that did nothing to address the state’s pension crisis, reduce spending or provide meaningful tax relief. For the nearly 78 percent of registered voters who didn’t vote in 2015, you might ask, “who cares?” My answer: we all should, because 100 percent of us are paying the bill.

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