, designed provide the first dedicated funding to help NJ Transit, is not the business killer opponents say it is, according to a report authored by a progressive think tank.
The report failed to convince leaders of New Jersey’s top two business associations who continue to oppose a tax they said will make the state less competitive to attract and retain major employers. The report uses state Treasury Department data and concludes only 600 of 116,000 corporate taxpayers in the state or 0.5% with $10 million or more in profits would pay.
Officials of two large New Jersey business associations disagreed with the findings and said the report has not changed their view.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gov. Phil Murphy announces death of NJ Congressman Donald Payne, Jr. following hospitalizationHe was elected to NJ-10 in 2012 after his father, the state's first Black congressman, died of cancer.
Source: ABC7NY - 🏆 592. / 51 Read more »
Phil Lyman beats Gov. Spencer Cox for nominee endorsement from Utah GOPGov. Spencer Cox was beaten by Phil Lyman for the governor nomination at the Utah Republican Party Convention.
Source: KUTV2News - 🏆 281. / 63 Read more »
Gov. Spencer Cox, Rep. Phil Lyman headed into GOP gubernatorial primary showdownMany voters are wondering what's next after Republican gubernatorial candidate Phil Lyman secured over 60% of the votes against Governor Cox at the state GOP co
Source: KUTV2News - 🏆 281. / 63 Read more »
San Diego aiding federal gov's 'ineptness' with $19M migrant transit center, lawmaker saysSan Diego County officials on Tuesday approved using more than $19 million to aid asylum seekers coming into its main city, frustrating one Republican leader.
Source: 13WHAM - 🏆 256. / 63 Read more »
Republican Vermont Gov. Phil Scott is running for reelection to 5th termRepublican Gov. Phil Scott is running for reelection to a fifth two-year term in the largely blue state of Vermont
Source: sdut - 🏆 5. / 95 Read more »
Republican Vermont Gov. Phil Scott is running for reelection to 5th termRepublican Gov. Phil Scott is running for reelection to a fifth two-year term in the largely blue state of Vermont. Scott announced his reelection bid on Saturday, saying there’s more work to do. He said during his four terms he and his team have worked to grow the economy, make Vermont more affordable and protect the most vulnerable.
Source: AP - 🏆 728. / 51 Read more »