Stuff in the ‘Taxes Economy and Outmigration’ Category
CNBC Study: New Jersey’s Economy under Gov. Murphy Was Worst in the Nation Last Year
Posted On08/09/2022 byMoving away from the NJEA’s on-going attempts to push teachers into local political action – whether by advocating for radical education policies or running candidates for school board – Sunlight will highlight CNBC’s recent study “America’s Top States for Business.” The news for New Jersey is not good. We quote: “The biggest decline [from last…Read More
New Sweeney Center Report on NJ Budget Is a Valuable and Ominous Warning
Posted On06/17/2022 bySunlight wanted to comment on a recent report from former-Senate President Steve Sweeney’s Center for Public Policy at Rowan University. The report is the work of a bipartisan Multi-Year Budget Workgroup and constitutes a valuable contribution to the discussion about New Jersey’s fiscal future. As we approach the beginning of FY2023, it is imperative that…Read More
More Data Showing NJ Is Losing People and Wealth to Other States: Please Take Note, Tom Moran
Posted On06/06/2022 byThe Star-Ledger’s Tom Moran has been having a back-and-forth with Sunlight over whether New Jersey has an out-migration problem. We respect Moran and have found him to be a good-faith interlocutor and we have some data to add to the discussion. Here’s the argument in a nutshell. Moran contends that New Jersey’s outmigration problem is…Read More
New Healthcare Law Saves Millions for School Employees but Taxpayers Are Paying More
Posted On05/31/2022 byMary Ann Koruth of NorthJersey.com brings some needed focus on the reality of the much-heralded 2021 “Chapter 78 relief” law negotiated by then-Senate President Steve Sweeney and the NJEA. In “New state teacher health plan didn’t deliver promised savings, say school districts,” Koruth reports that out of the 158 school districts surveyed, 85% said that…Read More
Once Again, New Jersey Ranks Among the States with the Very Highest Property Taxes
Posted On05/10/2022 byThe Tax Foundation shared its property tax rankings today, and Sunlight thought it made sense to reconfirm what kind of property-tax burden New Jersey taxpayers are bearing. For 2022, New Jersey was 44th among the 50 states, and has been 44th or worse since 2019 (see chart below). The Tax Foundation evaluates state and local taxes…Read More
More Unpleasant Facts for the Star-Ledger’s Tom Moran: NJ’s Population Actually Declined in 2021
Posted On04/29/2022 byA couple of weeks ago, Sunlight pushed back on the Star-Ledger’s Tom Moran’s claim that New Jersey’s outmigration problem was a “fantasy. We pointed out that, yes, New Jersey’s population might have grown slightly, but the key metric was New Jersey’s massive net outmigration to other states not simply overall population growth. New Jersey’s population…Read More
ALEC’s “Rich States, Poor States”: NJ’s Economic Outlook Is 49th Out of 50 States While Our Governor Eyes the White House
Posted On04/26/2022 bySunlight recently published a research report entitled “Before You Go, Governor Murphy … There is Some Unfinished Business in the Garden State” where we remind our governor that before he leaves for the presidential campaign trail, there are four major problems he has not addressed: 1) student learning loss from pandemic school closures; 2) an…Read More
With All Due Respect, Tom Moran, the Exodus of People and Wealth from NJ Is Not a “Fantasy”
Posted On04/07/2022 byThe Star-Ledger’s Tom Moran recently wrote an op-ed entitled “Are Folks Leaving Jersey? Nah!” Moran dismisses the idea that New Jersey has an outmigration problem as “fantasy.” But it’s not fantasy, it’s real, and it’s a shame that the editor of New Jersey’s leading newspaper overlooks it. Moran cites data but not the right data….Read More
NJ Has the Third-Highest Tax Burden in the Nation at $8,134 Per Person: 41% Higher than the US Average
Posted On03/29/2022 byThe Tax Foundation came out with its annual “Facts and Figures” report, and it has a very helpful on-line tool to look at New Jersey’s tax rates and burdens from just about any angle. We found the interactive chart presented below illuminating. Note that New Jersey ranks 44th when it comes to the state-and-local tax…Read More
Another Migration Study and Another Last-Place Finish for NJ: In 2021, 54% More People Left than Came In
Posted On03/17/2022 byAnother migration study, another last-place finish for New Jersey. This time it’s a 2022 study by Hire A Helper that used data from moves, company surveys and the US Census Bureau. For 2021, New Jersey came in dead-last – 50th out of 50 states – with a whopping 54% more people leaving the state than coming…Read More