As Gov. Phil Murphy prepares his FY22 budget address to the Legislature on Feb. 23, NJBIA is calling for fiscal restraint: No more tax increases, no more unnecessary spending and borrowing, and the enactment of meaningful structural reforms that will set a sound course toward economic recovery. In an op-ed published Wednesday on NJ.com, NJBIA President & CEO Michele Siekerka noted that last year New Jersey increased taxes more than other states, increased spending more than other states, and […]
State Budget
Legislative Leaders, State Budget Experts Featured on Latest ‘Minding Your Business’
On NJBIA’s “Minding Your Business” TV show, we feature highlights from the 2020 Public Policy Forum.
Siekerka Talks About Transparency Issues in State Budget on ‘Minding Your Business’
On this weekend’s edition of NJBIA’s “Minding Your Business,” NJBIA President and CEO Michele Siekerka discusses the lack of governance and transparency in the FY2021 budget, and other business issues. Also on this weekend’s episode, a video spotlight on a New Good Neighbor Award winner, the Audible Innovation Cathedral in Newark. And in a member […]
Why NJ Is Raising Taxes during the Coronavirus Pandemic
When the governor and legislative leaders announced an agreement to raise New Jersey’s income tax rate on millionaires, many in the business community asked, why now? NJBIA, among others, argued that businesses could ill-afford tax increases after months of little to no revenue because of the health emergency. The chairwoman of the Assembly Budget Committee […]
State Budget Insights on NJBIA’s ‘Minding Your Business’ TV Show
The second episode of NJBIA’s new TV show, “Minding Your Business,” on News 12+ featured an important discussion about the governor’s proposed $40.1 billion budget with our budget expert, VP Chris Emigholz, as well as member spotlights on ZAGO Manufacturing and Kerry Barrett Consulting. Tune in at 9:30 a.m. on Saturdays and Sundays for more […]