New Jersey businesses will see their taxes drop by about $48 per employee this summer.
Governor Christie announced Tuesday that after running a deficit for several years, the account that pays unemployment claims is now well into the black. Christie said the roughly $1 billion balance in the fund will trigger about $200 million in cuts to the state unemployment insurance tax on businesses. That means the average business, which has paid about $700 a year per employee into the fund, will pay about $652 a year for each worker, the administration said — the first such tax cut since 1998.
Steve Adubato talks with Michael Egenton, Executive VP of Government Relations NJ Chamber Of Commerce, at the annual “Walk to Washington,” about business issues facing the state including the minimum wage debate, paid sick leave for workers, and tax reforms that would help New Jersey businesses.
A pair of bipartisan bills that aim to phase out New Jersey’s estate tax and offer more exclusions for taxes on retirement income were advanced Monday by the Senate Budget and Appropriations Committee.
According to the latest biannual survey released Monday by the New Jersey Chamber of Commerce and Baker Tilly, Garden State employers are less concerned about the short-term and lingering effects of the Affordable Care Act.
WHAT IS the best way to protect our pensioners and the state while solving the pension problem in a way that is fair to everyone?
Embedding mandated payments on a quarterly basis into the New Jersey state constitution is not the answer.
The state constitution is the framework and the expression of our principles of governance. The issue of pension payments does not rise to that level. The New Jersey state constitution should not be a warehouse for politically sensitive issues.
The New Jersey Chamber of Commerce’s efforts to help fix a weak state economy may give a welcome bump to Atlantic City’s own struggling economy.
Richard S. Mroz, president of the state Board of Public Utilities since 2014, discussed New Jersey's Energy Master Plan and… Read More