The budget has been passed and the negotiations were dynamic. The end result will be very costly and extremely challenging for the business community. However, we must move forward. It is now time to do so with resolve, diligence and expediency.
One of New Jersey's late governors is getting his wish: His ashes will spend some time in a saloon.
A ceremony at Healy's Tavern in Jersey City on Friday will honor former Democratic Gov. Brendan Byrne, who died in January at age 93.
New Jersey Chamber of Commerce President Tom Bracken released the following statement today in response to Governor Phil Murphy’s Budget Address:
Gov. Phil Murphy today presented a broad and aggressive agenda which clearly follows through on his campaign commitments which he believes will make New Jersey’s economy stronger and fairer.
We agree with a number of the initiatives the governor identified in his speech as critical to our state’s economic health, including strong support for education and workforce development, and a robust funding of infrastructure projects, NJ Transit and the innovation economy.
Between Gov. Phil Murphy pursuing a millionaires tax and Senate President Stephen Sweeney’s planned 3 percent tax on corporations, the state has taken a U-turn from the days of a $7 billion tax incentive to lure one of the largest companies in the country to New Jersey.
Tom Bracken, CEO and president of the New Jersey Chamber of Commerce, said this new focus is harming the state’s competitive ability.
New Gov. Phil Murphy will attend this year's New Jersey Chamber of Commerce dinner in Washington.
Murphy, along with U.S. Sens. Cory Booker and Robert Menendez, D-N.J., and Rep. Chris Smith, R-4th Dist., the dean of the state's congressional delegation, are the featured speakers at the event's 81 congressional dinner March 1.
Within a matter of weeks, New Jersey and at least two neighboring states may be going to court to officially challenge the federal tax-code overhaul that was recently enacted by President Donald Trump. At the heart of the case that's now being organized is a new policy that caps a longstanding federal write-off for state and local taxes.