The New Jersey Economy and Outmigration
Executive Summary – Beware The Downward Spiral: The Economic Consequences of New Jersey’s Special-Interest-Dominated Status Quo
Posted On09/29/2019 byWarren Buffet says that he would not want to relocate a business to a state like New Jersey because of its unfunded pension liabilities and the future taxes they will require. Former state Democratic Party chairman Tom Byrne reaches the same conclusion about businesses due to New Jersey’s economic “downward spiral” and, again, future tax…Read More
New Jersey’s Underperforming Economy and Outmigration
Posted On05/13/2019 byHigh taxes and cost-of-living have hurt the state’s economy. The tax system renders the state inhospitable to businesses and uncompetitive with other states—particularly with neighboring New York and Pennsylvania. Consequently, economic and job growth are weak and significantly underperform both the nation and New York and Pennsylvania. Businesses, taxpayers, and most ominously, young adults are…Read More