Member Content Only

Get started becoming a member today.

Become a Member Already a member? Sign In

NJBIA President & CEO Michele N. Siekerka, Esq. issued the following statement Friday about the state budget negotiations.

“NJBIA is extremely disappointed to learn that the budget negotiations that broke down today between the governor and legislative leaders apparently centered on what taxes to increase, instead of what spending to cut. We need to fix the state’s structural budget deficits, such as our public pension, health benefits and education costs, rather than attempt to tax our way of our challenges.

Proposals such as a millionaires tax and CBT surcharge try to balance the budget on the backs of job-creators. Corporations have 50 states to choose from. We need to make New Jersey more attractive to retain our businesses and capture the investment of new ones so we can gain in our regional competitiveness. Increasing the corporate business tax to be the highest in the nation, in addition to the already high cost of doing business in New Jersey, will not put us on that path.”

Taxation & Economic Development News

Join a Policy Committee

By joining a NJBIA Policy Committee, you are a member of a select group of members from many different businesses who share a common interest in a particular area of concern.

Member Signup Sign In To be part of a Policy Committee, your company must be a member of NJBIA. Already a member? Simply sign in.
Issue Areas