The New Jersey Business & Industry Association said today that the state legislature has taken the first step toward comprehensive tax relief and stopping outmigration. Legislation approved this afternoon repeals the Estate Tax by 2018 and allows senior citizens to keep more of their retirement income free of state taxes through a fivefold expansion of […]
The New Jersey Business & Industry Association welcomes the tax reform amendments that were passed today, bringing us one step closer to beginning the process of comprehensive tax reform.
The New Jersey Business & Industry Association today urged the Senate and Assembly to give their approval to compromise legislation that would reauthorize the Transportation Trust Fund while providing long needed comprehensive tax reform.
The New Jersey Business & Industry Association praised the bipartisan compromise to reauthorize the Transportation Trust Fund that was announced today. In particular, NJBIA is pleased that the compromise includes the elimination of the estate tax and the increase in the income tax exclusion for retirement income.
The New Jersey Business & Industry Association said Wednesday repealing the estate tax must be part of any new legislative compromise on tax fairness.