New Jersey
The Record: The 5-cent solution – gas tax for New Jersey
March 24, 2014
(Original Post) MARCH 21, 2014, 4:53 PM LAST UPDATED: FRIDAY, MARCH 21, 2014, 4:53 PM BY CARL DAVIS THE RECORD Carl Davis is senior policy analyst at the Institute on Taxation and Economic Policy, a non-profit, non-partisan research organization that works on federal, state and local tax policy issues. IF YOU WERE to ask five […]
The Huffington Post: Why Rick Perry Is So Wrong About California And New York
March 10, 2014
(Original Post) Posted: 03/08/2014 10:20 am EST Updated: 03/08/2014 10:59 am EST Texas Gov. Rick Perry (R) was the standout star at the Conservative Political Action Conference this year, in no small part because of his impassioned plea for Americans to recognize that the fate of the U.S. comes down to a battle of visions […]
Buenos Aires Herald: The US – the poorest rich country on earth
March 10, 2014
(Original Post) By Gabriela Esquivada For The Herald in US The United States is often referred to as the “land of opportunity.” But an increasing number of US citizens are feeling the pinch, struggling to makes ends meet as inequality in the country rises. From New York, Gabriela Esquivada looks at how the richest nation […]
New Jersey News Room: Many of America’s Most Profitable Corporations, Including N.J.-Based Honeywell, Pay Little or No Federal Income Taxes
February 28, 2014
THURSDAY, 27 FEBRUARY 2014 08:56 BY JON WHITEN AND JENICE ROBINSON SPECIAL TO NEWJESEYNEWSROOM.COM Washington, D.C. – A comprehensive five-year study of 288 highly profitable Fortune 500 companies finds that 111 of them paid no federal corporate income tax in at least one of the last five years while one-third paid a U.S. tax rate […]
New Jersey Policy Perspective: Many of America’s Most Profitable Corporations Pay Little or No Federal Income Taxes
February 26, 2014
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, despite posting $3 billion in profits in those two years. Because of various tax breaks and loopholes, Honeywell’s effective federal corporate income tax rate in […]
New Jersey Policy Perspective: $elling New Jersey $hort: Across-the-Board Income Tax Cut Would Harm the Garden State
January 13, 2014
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 need it least and eroding public capacity to invest in the true building blocks of job growth and a strong economy. The state’s finances are […]
USA Today: Why Christie should endorse tuition equity
December 2, 2013
(Original Post) Raul Reyes, USATODAY 7:12 p.m. EST November 26, 2013 If he signs bill, undocumented high school grads would be able to pay in-state tuition. New Jersey Gov. Chris Christie is a lawmaker who plays by his own rules. The iconoclastic Republican was not afraid to buck his party by standing with Democratic President […]
New Census Bureau data released this month show that the share of Americans living in poverty remains high, despite other signs of economic recovery. The national 2012 poverty rate of 15 percent is essentially unchanged since 2010 , but still 2.5 percentage points higher than pre-recession levels. This means that in 2012, 46.5 million, or about 1 in 6 Americans, lived in poverty.1 The poverty rate in most states also held steady with five states experiencing an increase in either the number or share of residents living in poverty while only two states saw a decline.2
The Record: Report sees tax benefits, jobs for N.J. from immigration reform
August 2, 2013
New Jersey's tax revenue and housing market would get a boost, and its technology and agricultural industry would gain jobs if Congress passes comprehensive immigration reform, according to economic projections released by the White House on Thursday.
The Davis Enterprise: Snippets of energy news
August 1, 2013
Back in the old days, when you went to the movies, theaters often would show a double feature, and these two movies would be preceded by a cartoon and a newsreel. The double feature is long gone, as is the cartoon, and the newsreel has been replaced with about 20 minutes of previews of coming attractions and, if you get there early enough, a bunch of advertisements.
PBS: How Low Can They Go? Arthur Laffer Defends Slashing State Income Taxes
August 1, 2013
In this 2012 Making Sen$e report, former Reagan White House economic adviser Arthur Laffer drew his famous curve on a napkin -- just the way he did for the Ford administration -- and explained how it works.
The Advocate: Sales tax holiday begins Friday
July 31, 2013
[email protected] July 31, 2013 State sales tax will take a holiday this weekend, giving consumers a chance to save on the purchases of clothes, appliances, electronics and other goods. Lifting the 4 percent state sales tax is a tradition that dates to the aftermath of 2005’s Hurricane Katrina, when legislators wanted to help storm […]
Bloomberg BNA: Sales Tax Slice: Attention Shoppers – A Sales Tax Holiday is Occurring in a State Near You
July 15, 2013
(Original Post) Thursday, July 11, 2013 by Rebecca Helmes Your kids may have just finished school for the summer, but it’s time to start devising your back-to-school shopping plan. A break from sales taxes may come as a welcome respite for consumers and retailers. But these tax vacations have been consistently panned from a fiscal […]
NJ Spotlight: Immigration Reform Could Boost NJ Tax Revenues by $80M Yearly
July 11, 2013
(Original Post) Higher wages, more spending, increase in income taxes and sales taxes expected if undocumented workers became legal By Hank Kalet, July 11, 2013 Local and state tax coffers could gain see an injection of more than $80 million in taxes annually if federal immigration reforms are passed and undocumented workers are brought into […]
Philadelphia Inquirer:Study shows financial gains if immigrants can work legally
July 11, 2013
With the cost to revamp immigration law looming large in the national debate, the Institute on Taxation and Economic Policy (ITEP), a left-of-center nonprofit in Washington, released a study Wednesday that estimates big gains in state and local taxes if undocumented immigrants were allowed to work legally. The study estimated that New Jersey would […]
WHYY Radio: Study shows N.J., Pa. and Del. could profit from immigration reform
July 10, 2013
Original Post July 10, 2013By Ann Marie Awad Audio File at the link Immigration legislation pending in Congress could boost revenue for New Jersey, Pennsylvania and Delaware, according to a study released today by the nonpartisan Institute on Taxation and Economic Policy (ITEP). ITEP Executive Directer Matt Garder says those who crossed the border illegally […]
Bergen Record: News Immigrant tax study sees $81M gain for N.J.
July 10, 2013
Original Post Tuesday, July 9, 2013 BY MONSY ALVARADO New Jersey immigrants living in the country without legal permission are paying sales tax, and some pay property taxes and even personal income tax. Those state and local taxes totaled $476.4 million in New Jersey in 2010, and could increase by $81 million if Congress passes […]
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
July 10, 2013
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 taxes nationwide, including $476 million in New Jersey. The study, released today by the Institute on Taxation and Economic Policy (ITEP), also estimates that New […]
The Star-Ledger: Immigrants in N.J. illegally still paid $475M in taxes in 2010, study says
July 10, 2013
(Original Post) By Jeff Goldman/The Star-Ledger on July 10, 2013 at 12:00 PM, updated July 10, 2013 at 12:24 PM Immigrants living illegally in New Jersey contribute hundreds of millions of dollars to the economy, according to a report released by the non-profit Institute on Taxation and Economic Policy. They paid sales tax, property tax […]
NJ News Commons: Undocumented NJ Immigrants Pay Nearly $500M in State and Local Taxes
July 10, 2013
(Original Post) By TERRENCE MCDONALD Undocumented immigrants living in New Jersey pay nearly $500 million in state and local taxes, and would pay an additional $81 million more if they are granted legal status under a proposed overhaul of the nation’s immigration system, according to a new report from a Washington, D.C. nonprofit. The Institute […]
The Record: Immigrant tax study sees $81M gain for N.J.
July 10, 2013
(Original Post) TUESDAY JULY 9, 2013, 11:05 PMBY MONSY ALVARADOSTAFF WRITER New Jersey immigrants living in the country without legal permission are paying sales tax, and some pay property taxes and even personal income tax. Those state and local taxes totaled $476.4 million in New Jersey in 2010, and could increase by $81 million if […]
Gulf Coast News Today: We are conservative, Republican, religious
July 8, 2013
Steve Flowers Inside the Statehouse A recent survey rated Alabama as the most conservative state in the Union. More than half of our residents describe themselves as politically conservative. The poll was done by the vaunted Princeton, New Jersey Gallup polling firm. Four of our sister states, Mississippi, South Carolina, Louisiana and Arkansas, also […]
The Philadelphia Inquirer: N.J. highways cost most, study says
July 8, 2013
(Original Post) By Paul Nussbaum, Inquirer Staff Writer POSTED: July 05, 2013 New Jersey’s roads may not be paved with gold, but they certainly are expensive. The state ranks highest in the nation in the cost of maintaining its roads, spending almost twice as much per mile as the number-two state, California, according to a […]
The Barre Montpelier Times Argus: Kids count
June 28, 2013
June 28,2013 Once again Vermont finished high in the ranking of children’s well-being released earlier this week by the Annie E. Casey Foundation. The foundation’s Kids Count survey of the states measures children’s well-being in 16 categories relating to economic well-being, health, education and family and community. These include categories such as the number […]
New Jersey Policy Perspective: Invest in New Jersey: Improve Our Roads and Bridges
June 28, 2013
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 efficiently move their goods to market and eases the commute of working men and women, New Jersey’s economy will continue to trail its neighbors. Rather […]
