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Taxes

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High taxes affecting NJ’s business climate, says expert

For years, lawmakers have been discussing and working on improving the business climate in New Jersey, but has it really made much of a difference?

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E-Cigarettes
E-cigarettes (Photo by Spencer Platt, Getty Images)
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NJ E-Cigarette Tax Hike Bill Advances [AUDIO]

A 75 percent tax would be imposed on electronic cigarettes under a new bill approved Monday by the state Senate Health Committee, but that's only the tip of the iceberg.

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taxes
Townsquare Media photo
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NJ Gets Another Horrible Tax Rating [AUDIO]

California and Minnesota are the only two states with tax systems worse than New Jersey's, in the national Small Business & Entrepreneurship Council's "Business Tax Index 2014: Best to Worst State Tax Systems for Entrepreneurship and Small Business."

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Money
Zoonar RF, ThinkStock
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Poll: NJ Not Sold on Town Consolidation [POLL/AUDIO]

Many experts insist that local governments would run more smoothly and property taxes would be reduced if some neighboring towns merged into one. New Jersey residents are not convinced of either claim, according to the latest Rutgers-Eagleton Poll.

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Home sales
Tim Boyle, Getty Images
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Bill Would Repeal NJ Realty Transfer Fees

State Sen. Diane Allen plans to introduce legislation to repeal New Jersey's realty transfer fees on primary residences.

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Governor Christie - Somerset Town Hall
Governor Christie listens to a question regarding realty transfer fees at at town hall in Somerset. (Governor's Office/Tim Larsen)
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Christie Attacks Realty Transfer Fee [AUDIO]

Gov. Chris Christie indicated at a town hall that he'd be willing to scrap New Jersey's realty transfer fee, which reportedly produces hundreds of millions of dollars in tax revenue for the state each year.

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(Cheryl Casey, ThinkStock)
(Cheryl Casey, ThinkStock)
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Most New Jerseyans Say Taxes Too High [AUDIO]

When it comes to state taxes, New Jersey residents are among the most likely to complain that they are too high, a Gallup Poll shows.

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(cabania, ThinkStock)
(cabania, ThinkStock)
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Have You Filed Your Taxes? E-Filing Soars in NJ [POLL/AUDIO]

Tax Day is here. If you have not filed yet, you have until midnight. More New Jersey residents have chosen to file electronically this year than ever before.

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Have Ideas on Cutting Taxes in NJ?
Bartlomiej Szewczyk, ThinkStock
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NJ’s Property Taxes Debated in Budget Meeting [POLL/AUDIO]

Is New Jersey's property tax situation improving or getting worse?

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Taxes
Joe Raedle, Getty Images
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NJ Dead Last for Tax Freedom Day [AUDIO]

"Tax Freedom Day," the day on which New Jerseyans collectively earn enough to get out from under their tax burden, arrives this year on May 9. The Garden State is last in the nation for that.

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