NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
New Jersey ranks No. 4 in the nation for per capita state and local tax collection, according to research released this week by the Tax Foundation. Taxes collected in the District of Columbia ($11,311 per capita) surpass those of all 50 states, the foundation said. Among the states, New Jersey ranks No. 4 with a […]
A Tax Foundation analysis released his week shows New Jersey corporations pay the highest combined state and federal corporate income tax rate (30.1%) in the nation. Forty-four states and the District of Columbia, have corporate income taxes on the books, with top rates ranging from North Carolina’s single rate of 2.5% to a top marginal […]
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 […]
A comparison of the tax codes in all 50 states finds that New Jersey ranks dead last overall, according to the 2021 State Business Tax Climate Index published by the Tax Foundation. The State Business Tax Climate Index is a measure of how well states structure their tax systems. To do that, the Index analyzes […]
New Jersey ranks 47th in the nation in terms of getting the most value for goods in the Tax Foundation’s annual map showing the real value of $100 in every state. Using data from the Bureau of Economic Analysis, which includes personal incomes and prices for goods in each state, the Garden State’s relative value […]
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New Jersey Business & Industry Association
10 West Lafayette Street Trenton, NJ 08608-2002
Tel: 609-393-7707
