When it comes to fiscal responsibility New Jersey’s Gov. Phil Murphy finds himself in bad company as one of just eight state governors to receive a failing “F” grade for continuing to increase taxes and spending in their states. The…

By William J. Smith, GSI Staff Last week, CNBC issued its annual ranking of America’s Top States for Business and in no surprise, New Jersey again brought up the rear, ranking 42nd in the nation, a decline of 6 places…

One year ago, New Jersey’s craft breweries were literally the “toast of the town” as Gov. Murphy promoted a program offering free beer at many of our state’s craft breweries as an incentive to get vaccinated against COVID-19. It was…

By William J. Smith, GSI Staff As part of New Jersey’s record $50.6 billion budget, the Legislature and Governor crowed about a series of one-shot gimmicks to address the state’s affordability crisis. Included in their definition of “relief” were a…

From GSI Staff:On the heels of the state comptroller’s audit of New Jersey’s tax incentive programs, we can expect politically-charged debates and finger-pointing about who is to blame for the lack of transparency and ultimately, what level of tax incentives…

According to the 2019 edition of their annual analysis, New Jersey once again ranked dead last of the fifty states in the non-partisan Tax Foundation’s State Business Tax Climate Index.From the report:“New Jersey completed the phaseout of its estate tax…

Even if New Jersey dramatically cuts the corporate income tax, it would still have to slice the sales tax to compete effectively with lower-tax states. While New Jersey looks at increasing taxes, its competitor states are looking at how to…