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NJ Ranks 49th In Business Tax Climate, Beating NY

New Jersey is growing more business-friendly. According to a new report from the Tax Foundation, the Garden state moved up one place from 50th to 49th this year, beating neighbor New York.

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It’s Tough To Stay A Millionaire in NJ

Tomorrow, the New Jersey Senate and Assembly are scheduled to consider bill to increase the income tax on the state’s roughly 16,000 millionaires. Democrats say the $800 million generated through the increase would help fund property tax relief for the middle class. A new study by the Tax Foundation suggests taxing the rich is not a good idea.

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