GOP Senator Would Move Business from NJ
The ranking Republican of the state Senate’s budget committee says New Jersey is so over-regulated and over-taxed that he would move his manufacturing company to Pennsylvania if he wasn’t a state senator.
Sen. Tony Bucco of Denville says state regulations cost him $50,000 a year.
Bucco blames burdensome regulations and high taxes for the state’s failure to attract and retain more businesses. His remarks came during a budget hearing Wednesday with Labor Commissioner Hal Wirths.
Sen. Paul Sarlo, the Democrat who chairs the panel, says maybe Gov. Chris Christie needs to do a better job cutting regulations.
Christie has made it a priority of his administration to cut red tape and provide tax incentives to business during his first three years in office.
(Copyright 2013 by The Associated Press. All Rights Reserved.)