NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
New Jersey ranks among the worst states in the nation for high property taxes, according to the Tax Foundation, which recently took a deeper dive into this component of its overall 2021 State Business Climate Index rankings. For the third year in a row, New Jersey ranked No. 46 in the property tax category, an area that is particularly important to the […]
The New Jersey Business & Industry Association today testified in favor of four fiscal reform bills designed to lower the cost of local governments as part of a wide-ranging plan to fix New Jersey’s government finances. Between them, the Senate and Assembly appropriations committees will consider legislation involving curriculum at K-8 school districts, sharing services […]
Homeowners could get around the new $10,000 cap on property tax deductions on their federal tax returns by turning them into charitable contributions. At least that’s the plan behind a bill approved by the Senate yesterday. Legislation on interstate tax agreements and Urban Enterprise Zones also saw action. Property Tax Deduction Senators voted 28-9 to […]
NJBIA today joined with 14 other organizations calling for legislation to cap salary awards for public employees, calling it critical to controlling increases in property taxes. A law imposing a 2 percent cap on the salary increases granted to municipal and county employees under binding interest arbitration awarded by third-party mediators is set to expire […]
In the campaign to make New Jersey more affordable, reining in property taxes is a great place to start. But to do so, we need to figure out why New Jersey’s property taxes are so much higher than everyone else’s. Tom Byrne, founder and managing director of Byrne Asset Management, has dug deep into the […]
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New Jersey Business & Industry Association
10 West Lafayette Street Trenton, NJ 08608-2002
Tel: 609-393-7707
