- 2016-04-13
- NJBIZ
New Jersey's business groups welcomed news Tuesday from Gov. Chris Christie that the state's Unemployment Insurance Trust Fund had reached a surplus of about $1 billion and would lead to a roughly $200 million tax cut for employers.
- 2016-04-12
- State House Bureau, The Record
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.
- 2016-04-12
Governor Christie's announcement today about tax relief for employers is a win for everyone in New Jersey.
Congratulations to the Christie administration and to the State Legislature for their joint success in revitalizing the once insolvent Unemployment Insurance Trust Fund.
- 2016-04-04
- NJ Capitol Report
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.
- 2016-03-30
A proposal in the Legislature to constitutionally require the state to make payments into its massively underfunded public employee pension fund would only deepen New Jersey’s fiscal problems, warned Thomas J. Healey, who coordinates the work of New Jersey’s bi-partisan Pension and Benefits Study Commission.
- 2016-03-14
- NJBIZ
New Jersey voters will be asked this November to decide if casino gaming in the state should expand beyond Atlantic City, after a resolution to place the question on the ballot received the necessary three-fifths majority support from both the Senate and the Assembly on Monday.
- 2016-03-09
Christie Administration will Work to Cut Estate Tax, he said
The state's impending transportation funding crisis can be solved in the next few months, and the Christie Administration will lead a push for the outright elimination of the New Jersey estate tax during its last two years in office.
These assertions were made by newly appointed Acting State Treasurer Ford M. Scudder, during an address to business leaders March 9 at a breakfast in East Windsor sponsored jointly by the New Jersey Chamber of Commerce and the New Jersey Business & Industry Association.
- 2016-03-01
- NJBIZ
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.
- 2016-02-25
N.J. Chamber Train Trip to D.C. and Congressional Dinner Attracts 900, including 40 legislators,
10 Congress members, U.S. Sen. Menendez and 30 News Reporters
The 79th Annual Walk to Washington and Congressional Dinner on Feb. 25 and 26, 2016 brought to Washington a who's who of New Jersey business and government leaders. More than 900 boarded the Chamber's chartered Amtrak train, including state legislators, CEOs, small business owners, entrepreneurs, and nonprofit leaders, who walked the aisles chatting and exchanging business cards.
- 2016-02-25
N.J. Chamber Train Trip to D.C. and Congressional Dinner Attracts 900, including 40 legislators,
10 Congress members, U.S. Sen. Menendez and 30 News Reporters
The 79th Annual Walk to Washington and Congressional Dinner on Feb. 25 and 26, 2016 brought to Washington a who's who of New Jersey business and government leaders. More than 900 boarded the Chamber's chartered Amtrak train, including state legislators, CEOs, small business owners, entrepreneurs, and nonprofit leaders, who walked the aisles chatting and exchanging business cards.