Tag: Phil Murphy

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Business leaders Say New Jersey is Just Too Expensive

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NJBIA 64th Annual Business Outlook Survey Details Affordability, Inflation Challenges for NJ Businesses

Trenton NJ, while affordability was the talk in Trenton a year ago, New Jersey’s business community is clearly feeling left out of that conversation.

In NJBIA’s 64th annual Business Outlook Survey, released today, a large majority (75%) said Gov. Phil Murphy and lawmakers have not done enough to address business affordability in the past 12 months – compared to just 5% who said policymakers are doing enough.

Further, a combined 82% said New Jersey is either somewhat unaffordable for business (46%) or not affordable at all for business (36%).

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New Jersey Ranks Dead Last State Business Tax Climate

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the staff of the Ridgewood blog

Trenton NJ, the Tax Foundation’s State Business Tax Climate Index enables business leaders, government policymakers, and taxpayers to gauge how their states’ tax systems compare. While there are many ways to show how much is collected in taxes by state governments, the Index is designed to show how well states structure their tax systems and provides a road map for improvement.

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Time to Lower the New Jersey’s Corporate Business Tax

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the staff of the Ridgewood blog

Holmdel NJ,  in what has become an unfortunate annual occurrence, New Jersey has yet again ranked dead last when it comes to a healthy business environment according to the Tax Foundation’s 2023 State Business Climate Index. To help change course, longtime small business advocates Assemblyman Gerry Scharfenberger and Assemblywoman Victoria Flynn (Monmouth – R’s) have introduced new legislation (A4907) that will lower New Jersey’s Corporate Business Tax (CBT) as well as end the Business Surcharge Taxes that limit potential growth:

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State Senator Kristin Corrado , “Murphy Can’t Avoid Accountability for Pandemic Failures”

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the staff of the Ridgewood blog

Trenton NJ, Senator Kristin Corrado (R-40) responded to Governor Phil Murphy’s announcement that he has hired a law firm and a consulting firm to conduct a “postmortem” review of his administration’s COVID-19 pandemic response:

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Governor Murphy and First Lady Tammy Murphy Welcome Thousands of New Jersey Residents to Drumthwacket for Holiday Open Houses

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the staff of the Ridgewood blog

Princeton NJ,  Drumthwacket is open for the holidays! Governor Phil Murphy and First Lady Tammy Murphy are happy to invite New Jersey residents to attend The Holidays at Drumthwacket, a longstanding tradition of open houses at the Governor’s official residence in Princeton. The Drumthwacket Foundation, in partnership with six garden clubs from across New Jersey, has decorated each room in the public first-floor of the residence using fresh arrangements and greenery to complement the architecture and decor of the historical property.

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Time for Governor Murphy to Reinstate Workers Fired for Refusing COVID Vaccine

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the staff of the Ridgewood blog

Trenton NJ, Senator Anthony M. Bucco released the following statement in reaction to the New York Supreme Court ruling reinstating more than 1,400 New York City employees fired for being unvaccinated, including police, firefighters, and other New York City workers:

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Calls For More Transparency on State’s Health Insurance Plans

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the staff of the Ridgewood blog

Trenton NJ, the Republican members of the Senate Budget & Appropriations Committee criticized the State Treasurer today for not responding to nine pages of budget questions, and requests for data, about the State’s health insurance plans for public employees submitted seven months ago.

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Trenton Democrats Stall Income Tax Indexation offering No Relief to New Jersey Tax Payers

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the staff of the Ridgewood blog

Trenton NJ, after the Internal Revenue Service (IRS) announced changes to federal income tax brackets to protect workers from inflation, Senator Anthony M. Bucco called for New Jersey lawmakers to advance his legislation to prevent tax bracket creep at the state level for New Jerseyans.

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Murphy Administration Fails to Comply with its Own Russian Divestiture Law

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the staff of the Ridgewood blog

Trenton NJ, More than eight months since Governor Murphy signed bipartisan legislation sponsored by Senators Paul Sarlo and Declan O’Scanlon requiring the State Treasury to divest certain Russian holdings, the State appears to have done little in way of following the law’s requirements.

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New Jersey Job Numbers Soft Despite Plunge in Unemployment Rate

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  • Private-sector jobs fall for first time since the worst of the pandemic
  • Sharp drop in the unemployment rate reflects decline in labor force, as well as increase in numbers working
  • Sharp decline in construction, as government jobs grow

the staff of the Ridgewood blog

Morristown NJ, on October 20th, New Jersey’s Department of Labor and Workforce Development issued the monthly jobs report for September 2022. Dr. Charles Steindel, former Chief Economist of the State of New Jersey, analyzed the report for the Garden State Initiative: Continue reading New Jersey Job Numbers Soft Despite Plunge in Unemployment Rate

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Public Education Victim of “Woke political agendas, cancel culture and sexual indoctrination”

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the staff of the Ridgewood blog

Trenton NJ, the impact of the pandemic on education is becoming clearer with news the average ACT test score sunk to its lowest point in 30 years, and Senator Joe Pennacchio today said botched government policy is largely to blame.

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Paper Bags Are a Sustainable Choice for New Jersey

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the staff of the Ridgewood blog

Ridgewood NJ, the American Forest & Paper Association (AF&PA) President and CEO Heidi Brock released the following statement in response to renewed discussions on the harm caused by New Jersey’s paper bag ban:

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New Jersey Chamber of Commerce : 69% of Business Executives said New Jersey is Unfriendly to Business

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the staff of the Ridgewood blog

Trenton NJ, Nearly seven in 10 business executives (68%) said they believe the U.S. economy has entered a recession, and vast majority of them (71%) believe it will last longer than a year, according to a survey of business executives conducted by the New Jersey Chamber of Commerce. The results were released today.

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Murphy Energy Mandates , “nothing short of a man-made economic disaster”

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NJ Manufacturers Will Be Hard Hit by Shocking Energy Mandates

the staff of the Ridgewood blog

Ridgewood NJ, in less than 90 days, the New Jersey Department of Environmental Protection is expected to enact new rules that could cost manufacturers, businesses, public schools, and apartment complexes millions of dollars to convert boiler systems to electric.

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Coalition of New Jersey Business and Labor Organizations Call on Legislative Leadership to Stop Murphy Electrification Mandates

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NJDEP Regulations to Electrify Building Sector Take Effect in December, Leading to Increases in Rents, Property Taxes and Grocery Bills

the staff of the Ridgewood blog

Ridgewood  NJ, With the first round of NJDEP regulations set to take effect on December 6th, a diverse coalition of 24 business and labor organizations sent a letter to Senate President Nick Scutari and Assembly Speaker Craig Coughlin calling on the Legislature to halt Governor Murphy’s building electrification mandate until a full analysis of costs can be developed.

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