Reader says The taxes and mandates placed upon private enterprise make doing business in NJ uncompetitive with other states
As a business owner in the private sector, let me add to it from that perspective.
The taxes and mandates placed upon private enterprise make doing business in NJ uncompetitive with other states.
The foolish Democrats that control Trenton kill the economy here every time they pass another law with the stroke of a pen.
Nobody ‘mandates’ that private enterprise make a profit (which is taxed), yet the morons who are elected from the big cities (Newark, Camden, Paterson etc) that milk the funds from the state treasury continue to pass rules that hurt businesses.
Many businesses will never expand here, and move new operations to more ‘tax friendly’/’regulation friendly’ states.
No large business would ever consider moving here.
The state is broke due to ‘obligations’ to the unions as mentioned in the previous post.
Further draining the state treasury are the billions of dollars that get flushed down the toilet in the “Abbot’ school districts (thanks to the left wing activist NJ supreme court).
It should come as no surprise that the ‘big earners’ make sure they do their ‘time’ out of state….spend 181 days per year in FLA and vote there… so NJ can no longer pick their pockets… and the rest of us will have to make up the difference in higher taxes..
Try to explain logic such as that to the Dumbocrats in Trenton… good luck.