New Jersey remains a significant outlier when it comes to competitiveness and affordability, so it’s no surprise that the No. 1 and No. 2 states residents migrate to are right on the border — Pennsylvania and New York. In this op-ed for NJ Spotlight, NJBIA President and CEO Michele Siekerka argues that we can reverse this trend by examining the state’s policies on taxation, revenue generation, and spending through the filter of competitiveness and affordability.
“The time is now to revisit and completely review our economic policies on taxation, revenue generation, and spending and we must do so with a sense of urgency,” she writes. “We must look at how we spend our tax dollars and be honest about the fact that our current economic paradigm is just not sustainable. Failing to do so now will compound the problem for the generations to come.”
