Taxation~double Taxation

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NJ Taxation Education Report, 2016: ‘No more ‘no’ for a year’

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September 3, 2021
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A report by New Jersey's Division of Taxation on taxation and the impact of the state's restrictive corporate tax laws found that while New Jersey has seen revenue growth in recent years, it has lost out on its tax revenue from corporate profits to the states with lower taxes.According to the report, the state has generated $2.5 billion in revenue

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A tax reform that will get the country’s taxes right

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July 25, 2021
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New Jersey is trying to reform its state tax code to make it simpler and fairer, and it has a plan to do it.But for now, the state still has to pay about $15 billion a year in federal taxes on a $2.5 trillion federal debt.In New Jersey, the only federal income tax is the payroll tax.If the state wants

Taxation~double Taxation

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NJ Taxation Education Report, 2016: ‘No more ‘no’ for a year’

A tax reform that will get the country’s taxes right

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