NJBIA’s Frank Robinson interviews Senate President Stephen Sweeney on the latest episode of Take on Trenton about the state budget, taxes, legalization of marijuana, and the Path to Progress plan to address New Jersey’s biggest financial problems.
TRENTON – Governor Phil Murphy will deliver his Fiscal Year 2020 Budget Address in the Assembly Chamber at the New Jersey State House at 2:00 p.m. on Tuesday, March 5, 2019. “New Jersey deserves a budget built upon the values that can deliver a more secure and growing middle class – sustainable savings, responsible fiscal […]
NJBIA President & CEO Michele N. Siekerka, Esq., issued the following statement Thursday regarding the FY2019 state budget negotiations. “Negotiations are clearly headed in the wrong direction. Instead of focusing on New Jersey’s economic competitiveness and jobs, the Legislature is now poised to possibly vote on even more tax increases. “Lengthening the CBT surcharge to […]
Yesterday, Gov. Murphy delivered his FY 2019 budget proposal, which spends $37.4 billion and maintains a surplus of $743 million. The proposal reflects a $2.7 billion increase from the FY 2018 Budget ($34.7). Below are a number of documents related to the proposal, as well as a summary which highlights many items important to the […]
Statement by Michele Siekerka, president and CEO of the New Jersey Business & Industry Association, and Tom Bracken, president and CEO of the State Chamber of Commerce on imposing a 3 percent surcharge on New Jersey corporate business taxes. “While we are still studying the details of the proposal, both NJBIA and the Chamber are […]