the staff of the Ridewood blog
Statement by Ralph Albert Thomas, CPA (DC), CGMA, CEO and Executive Director, NJCPA
The headlines are bleak and all too familiar:
- “New Jersey’s Budget Mess is Getting Even Worse” (March 4, 2019, Bloomberg)
- “New Jersey Governor Again Seeks Higher Taxes on Wealthy” (March 4, 2019, Wall Street Journal)
- “On the budget, Governor Murphy’s not being fair to the English language” (March 5, 2019, NJ.com)
The message is clear: New Jersey is facing a fiscal crisis, and we are not committing ourselves to the difficult decisions that will put the state on sound financial footing. While the New Jersey Society of Certified Public Accountants (NJCPA) commends Governor Murphy for addressing issues such as health care spending, high property taxes and the growth of small businesses in his budget presentation, there’s more work to be done.
Continue reading New Jersey Society of Certified Public Accountants Issues Ominous Warning on Governor Murphy’s Proposed FY2020 Budget
