QUESTION
New Jersey’s highest-in-the-nation tax rates are a significant obstacle in our efforts to ReNew Jersey. What can the business community recommend to New Jersey state leaders in the way of tax cuts, financial incentives or support policies that will immediately help business and ignite a robust economic upturn?
RECOMMENDATIONS
- Reinstate a Department of Commerce so business agencies can work cooperatively.
- Keep taxes at the same level or below neighboring states so New Jersey can continue to be competitive.
- Provide tax relief/incentives for small- and medium-sized businesses.
- Incentivize government workers to more efficiently execute regulatory and other approval processes.
PANELISTS
- Charlie Stile (moderator), Political Columnist, The Record & northjersey.com
- Wes Mathews, President & CEO, Choose NJ
- Gil Medina, Executive Vice President, CBRE
- Ralph Thomas, CEO & Executive Director, NJCPA
- Ted Zangari, Member, Sills, Cummis & Gross