Today, the most well-off New Jerseyans hold a greater share of the state’s income than they have in nearly a century, thanks to decades of unequal economic growth, creating an off-balance economy in which many middle- and lower-income New Jerseyans face barriers to economic opportunity. Recent tax policy changes have exacerbated this trend.
ITEP Work in Action
Advocates and policymakers at the state and federal levels rely on ITEP’s analytic capabilities to inform their debates on proposed tax policy changes. In any given year, ITEP fields requests for analyses of policies in 25 or more states. ITEP also works with national partners to provide analyses of federal tax policy proposals. This section highlights reports that use ITEP analyses to make a compelling case for progressive tax reforms.
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ITEP Work in Action September 15, 2017 New Jersey Policy Perspective: Reforming New Jersey’s Income Tax Would Help Build Shared Prosperity
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ITEP Work in Action April 25, 2017 New Jersey Policy Perspectives: DACA-Eligible New Jerseyans Pay $66 Million a Year in Taxes
New Jersey’s young immigrants eligible for DACA (Deferred Action for Childhood Arrivals) contribute $66 million in state and local taxes each year, the seventh highest level of all the states. And those annual contributions would increase by $27 million – the sixth most of all states – under comprehensive immigration reform.
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ITEP Work in Action April 3, 2017 New Jersey Policy Perspectives: Undocumented Residents Pay $587 Million a Year in NJ Taxes
New Jersey’s undocumented immigrants contribute $587 million in state and local taxes, the sixth highest level of all the states. And those contributions would increase by $73 million – the… -
ITEP Work in Action October 4, 2016 New Jersey Policy Perspectives: Transportation-Funding Deal Endangers New Jersey’s Future & Fails the ‘Tax Fairness’ Test
After a months-long stalemate, New Jersey’s three most powerful policymakers announced late last Friday that they’d come to an agreement on investing in the state’s transportation networks. As part of… -
ITEP Work in Action October 21, 2015 New Jersey Policy Perspective: Executive Actions on Immigration Would Help Many New Jerseyans While Boosting the Economy
President Obama’s 2014 executive actions on immigration would benefit hundreds of thousands of New Jerseyans and provide a boost to the state’s economy by allowing many undocumented residents to work… -
ITEP Work in Action October 21, 2015 New Jersey Policy Perspective: Levied on Very Few, New Jersey’s Estate and Inheritance Taxes Support Colleges, Health Care & Other Services
An effort by some lawmakers to eliminate or drastically cut taxes for a small number of New Jerseyans – a move that would deliver the greatest benefit to the state’s… -
ITEP Work in Action June 29, 2015 New Jersey Policy Perspective: Increasing the EITC Would Boost New Jersey’s Working Families
Increasing New Jersey’s Earned Income Tax Credit (EITC) to 30 percent from 20 percent of the federal EITC would provide over half a million New Jersey working families with a… -
ITEP Work in Action April 29, 2015 New Jersey Policy Perspective: Failure to Address Gas Tax Costs New Jersey Over Half a Billion Dollars a Year
New Jersey is losing out on over $500 million each year by not tying increases in transportation construction costs to increases in gas tax rates, a new national report finds.… -
ITEP Work in Action April 29, 2015 New Jersey Policy Perspective: Income Taxes Don’t Impede Economic Growth
As Gov. Chris Christie prepares to unveil the specifics of his proposed 10-percent income tax cut at next week’s budget address, he’s working under a key tenet of conservative economics:… -
ITEP Work in Action April 29, 2015 New Jersey Policy Perspective: State Treasurer Confesses: Our Job is To Protect Millionaires
In case it remained a mystery to anyone, the administration’s plan for economic growth was made clear by Treasurer Andrew Sidamon-Eristoff at a New Jersey Business and Industry Association breakfast… -
ITEP Work in Action January 26, 2015 New Jersey Policy Perspective: Tax Increase to Fund Transportation Should Be Combined with Credit to Help Low-Income Families
As New Jersey policymakers close in on a deal to boost New Jersey’s transportation funding, a bold solution that raises at least $1 billion in new revenue a year through… -
ITEP Work in Action January 21, 2015 New Jersey Policy Perspective: New Jersey’s Upside-Down Tax System
Low-income and middle-class New Jerseyans pay greater shares of their incomes in state and local taxes than wealthy residents, according to a new study released today by the Institute on… -
ITEP Work in Action June 27, 2014 New Jersey Policy Perspective: Highest-Income New Jerseyans Would Still Pay Lowest Share of Income to Taxes After Proposed Changes
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ITEP Work in Action February 26, 2014 New Jersey Policy Perspective: Many of America’s Most Profitable Corporations Pay Little or No Federal Income Taxes
New Jersey-based Honeywell, which in 2012 was awarded a state tax break of $40 million not to leave New Jersey, paid no federal corporate income taxes in 2009 and 2010,… -
ITEP Work in Action January 13, 2014 New Jersey Policy Perspective: $elling New Jersey $hort: Across-the-Board Income Tax Cut Would Harm the Garden State
An across-the-board state income tax cut would be detrimental to New Jersey’s future because it would do nothing to create jobs and grow the economy while disproportionately helping those who… -
ITEP Work in Action July 10, 2013 New Jersey Policy Perspective: New Jersey’s Undocumented Immigrants Pay Nearly Half a Billion Dollars a Year in State and Local Taxes; Immigration Reform Would Boost These Revenues by $81 Million
With fiscal costs and benefits figuring large in the immigration reform debate, a new analysis estimates that unauthorized immigrants are already paying $10.6 billion a year in state and local… -
ITEP Work in Action June 28, 2013 New Jersey Policy Perspective: Invest in New Jersey: Improve Our Roads and Bridges
Fixing New Jersey’s crumbling roads and bridges is vital to energizing the state’s lagging recovery from the Great Recession. Without a sound transportation system that allows businesses to cheaply and… -
ITEP Work in Action January 15, 2013 New Jersey Policy Perspective: Gas Tax Talk Leads Down the Right Road
In the wake of restructuring proposals made by Governor Corzine, the gasoline tax is starting to be talked about as part of a solution to New Jersey’s financial crisis. This… -
ITEP Work in Action January 15, 2013 New Jersey Policy Perspective: Funding for Business Tax Breaks Shows Skewed Priorities
The Fiscal Year 2009 budget proposed by Gov. Jon Corzine increases spending on tax breaks for businesses—tax breaks of questionable value, as some recent developments highlight— while investments in more… -
ITEP Work in Action January 15, 2013 New Jersey Policy Perspective: What’s the Rush? Costly Tax Changes Need More Deliberation
In this atmosphere of emergency, some of the legislation is moving with less deliberation than might be expected of tax changes that, when fully implemented, would likely cost the state… -
ITEP Work in Action January 14, 2013 New Jersey Policy Perspective: If It Ain’t Broke: New Jersey’s Income Tax Makes Dollars and Sense
Most people probably would agree that we need taxes at some level to pay for the things we want government to do. We could disagree on what to tax, how…