Taxes Economy and Outmigration Archives

January 28, 2022

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Sunlight Blog

WalletHub’s 2022 Study: NJ Is THE WORST State for Retirement. Will Gov. Murphy Do Anything About It?

WalletHub came out with its “2022’s Best States to Retire” study, and New Jersey ranked dead last. This has real-world negative consequences for NJ: NJ also came […]

January 19, 2022

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Sunlight Blog

Words Are Nice, But Gov. Murphy’s Highest-in-the-Nation Corporate Taxes Hurt NJ Start-Up Businesses

In his inaugural address, Gov. Murphy emphasized reducing NJ’s sky-high property taxes. This is an improvement over his previous posture of “if taxes are your issue […]

January 14, 2022

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Sunlight Blog

Gov. Murphy’s State of the State Happy Talk Ignores the Woeful Underperformance of NJ’s Economy on His Watch

With his happy-talk in his State of the State speech, Gov. Murphy ignored the woeful reality of NJ’s economy under his watch. While it’s typical for […]

January 10, 2022

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Sunlight Blog

Three Studies Confirm the Consequences of NJ’s Uncompetitive Business Climate: People, Businesses and Wealth Are Leaving

Last week, we noted that the Tax Foundation ranked New Jersey’s tax climate for businesses as dead last – for the seventh straight year! We mentioned […]

January 4, 2022

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Sunlight Blog

NJ Has the Worst Business Tax Climate for the 7th Straight Year; Does Gov. Murphy Even Care?

It’s a new year, but sadly for New Jersey some things never change. The Tax Foundation came out with its “2022 State Business Tax Climate Index,” […]

December 9, 2021

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Sunlight Blog

New Study: People and Wealth Continue to Flee High-Tax States Like NJ. Does Gov. Murphy Even Care?

That’s what the IRS data shows: people and wealth continue to flee NJ. According to a study by the National Taxpayers Union Foundation, in 2019, 16,947 […]

December 3, 2021

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Sunlight Blog

More Bad News: NJ Still Has -4.8% Fewer Payroll Jobs than Pre-Pandemic. Does Gov. Murphy Even Care?

An editorial in today’s Wall Street Journal confirms the Pew Charitable Trust data that Sunlight highlighted on Monday. The Pew data showed New Jersey’s dismal performance in […]

November 29, 2021

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Sunlight Blog

Pew Data: NJ’s Fiscal and Economic Woes Portend a Bleak Future. Does Gov. Murphy Even Care?

Sadly for New Jersey, some things never change. Pew Charitable Trusts came out with its most recent study on the long-term fiscal condition of the 50 […]

November 19, 2021

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Sunlight Blog

Truth in Accounting: NJ’s Debt Burden Now $58,300 Per Taxpayer

Truth in Accounting published its annual “Financial State of the States 2021,” and the good news is that New Jersey broke its streak of six consecutive […]