Archive for the ‘Economic Development’ Category

Entrepreneurs and Lower, Simpler Taxes Offer Path to Economic Growth

On October 7, a special committee of the General Assembly met to hear testimony on how to best address the economic downturn facing New Jersey. Jerry Cantrell, President of the Common Sense Institute of New Jersey, noted that the engine of job growth in New Jersey has been new businesses and the entrepreneurs...
October 11th, 2010 | Economic Development, Fiscal Reform, Jobs Watch, Policy, Taxation | Read More

Property Taxes Climb Despite Falling Incomes in New Jersey

Property Taxes Climb Despite Falling Incomes in New Jersey
The U.S. Census Bureau released its one-year American Community Survey data for 2009 this week, and the report highlights the blight of state taxpayers. Last year, property taxes increased and remained highest in the nation, despite median household income falling for the year. New Jersey homeowners...
October 1st, 2010 | Economic Development, Featured, Policy, Taxation | Read More

Homebuyer Tax Credit Won’t Solve Housing Crisis

Homebuyer Tax Credit Won’t Solve Housing Crisis
Imagine your boss suddenly announced that the company would be giving $5 to the next 20 employees who took their lunch break, and that the money would be coming out of everyone else’s paycheck. It would certainly benefit the few who were first into the cafeteria, and it might encourage some workers...
August 1st, 2010 | Commentary, Economic Development, Featured, Policy | Read More

No Income Tax Increase This Year

No Income Tax Increase This Year
The General Assembly failed to override Governor Christie’s veto of a tax increase on high-wage earners, ending chances a new top marginal tax rate of 10.75% will be part of this year’s budget. The Institute has highlighted economic pitfalls associated with the tax increase. CSI-NJ notes that high-wage...
June 25th, 2010 | Economic Development, Featured, Policy, Taxation | Read More

The Crisis in Public Sector Pension Plans

A Blueprint for Reform in New Jersey The Mercatus Center at George Mason University unveiled a new report, highlighting New Jersey’s public employee pension crisis, and offering a path to meaningful reform. The report found that New Jersey’s five pension systems are underfunded by more than $170...
June 25th, 2010 | Economic Development, Fiscal Reform, Policy | Read More