NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
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 […]
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 […]
The business community will be paying more thanks to the budget the state just adopted for Oct. 1, but that’s probably not the end of the tax increases. New Jersey’s pandemic shutdown orders have devastated the economy and sent unemployment soaring, which will trigger a large, automatic increase in employers’ unemployment insurance (UI) contribution rates […]
A long-standing property tax dispute between local governments and not-for-profit hospitals inched closer to a resolution Thursday when the Assembly passed A-1135. The bill, according its sponsor Assembly Speaker Craig Coughlin, would establish a fair and predictable system for payments. The dispute stems from a court decision in 2015 that determined nonprofit hospitals are ineligible […]
NJBIA President & CEO Michele Siekerka issued the following statement regarding the passage of the FY2021 revised budget today by the full Senate and Assembly. “The fiscal year 2021 budget is an irresponsible budget that will have long lasting effects on New Jersey’s continued inability to be regionally competitive and affordable. This budget will cost […]
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New Jersey Business & Industry Association
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