RESEARCH

Economic Analysis Research
Public Spending, ECONOMIC OPPORTUNITY FOR ALL

GSI Analysis: A Low SALT Diet Would Lower New Jersey’s Fiscal Pressure

February 15, 2019
YTD revenue (3%) is less than half Treasurer’s projection (7.5%) Without one-time amnesty program, growth would be 1.3% Soft income tax revenue consistent with independent out-migration data New Jersey, along with other high tax states, faces stark budgeting decisions aheadGarden…
Public Spending, ECONOMIC OPPORTUNITY FOR ALL

GSI Analysis: The State of Our State Economy: Lagging

January 15, 2019
YTD Revenue growth of 2.1% significantly below Treasurer’s annual growth plan of 7.5% Business Tax jump increases revenue, hurts long-term competitivenessNew Jersey’s state tax revenues for December were released this week and show overall lagging of the plan significantly.“While the Governor is offering…