Last week, NJBIA Chief Government Affairs Officer Christopher Emigholz joined NJ Morning Show on ONNJ to discuss the association’s recently held Public Policy Forum, featuring five gubernatorial candidates, as well as NJBIA’s 66th Annual Business Outlook Survey.
Emigholz told morning hosts Cara Di Falco and Dina Deleasa-Gonsar that the emphasis on trying to improve the tax situation for New Jersey businesses was not surprising during the Public Policy Forum and in the survey.
“Business pay about half the property taxes in the state, and for a lot of small businesses it is the highest tax they pay,” Emigholz said.
“The thing about New Jersey that is troublesome to me is we have this unrelenting tax environment where the four major taxes are all very high. We’re unique in that we’re the only state in the nation where we’re in the top third of each of the four major taxes – property, income, sales and corporate taxes. That’s not something we want New Jersey to be known for.”
To see the full NJ Morning Show clip, click here.
