New Jersey
New Jersey continues to suffocate businesses in the state (Opinion)
In case you personal a small enterprise within the state, you understand how a lot of an enemy the State of New Jersey may be. Whether or not it is choking laws or oppressive taxes or shock visits from state bureaucrats checking on how a lot you cost for a slice of cheese, it is a battle day by day. In case you do not personal a small enterprise and do not know why it is best to care, get up.
Small enterprise is the spine of our financial system. The state of New Jersey has put them by hell in the previous few years through the pandemic and lots of are struggling to remain afloat. Whether or not it is a scarcity of certified staff, maybe on account of free cash and advantages the state doles out or the rising value of all the pieces it takes to maintain a enterprise going, many are struggling to maintain their doorways open.
The small enterprise neighborhood is searching for assist from the state within the type of grants and federal assist that was allotted to the states.
With a price range surplus for a “wet day” that monsoon is right here for a lot of companies proper now. As an alternative of a brief verify, how a couple of full overhaul of how New Jersey treats small companies? Reduce taxes and laws and let many of those family-owned companies breathe and flourish.
Massive enterprise fares no higher on this state. We’re rated the worst state within the nation for enterprise local weather, forcing many huge corporations to arrange store elsewhere. There’s a invoice proposed by Assemblyman Chris DePhillips of Bergen to decrease the company tax price to make our state a extra engaging place to do enterprise and create extra jobs.
We hope Chris has waterproof pants on as a result of he’s peeing within the wind. Attempting to get Trenton to get off its habit to excessive taxes is like getting a junkie off the needle.
It is apparent we want a wholesale change in Trenton, each within the governor’s seat and most particularly within the Legislature. Small modifications have occurred within the final election cycle that exhibits some promise, however the huge change is required ASAP. If that does not occur, productive, hard-working, bold individuals will proceed to flee to extra enterprise and taxpayer-friendly states. You is likely to be already wanting, like lots of your pals and kin.
Opinions expressed within the publish above are these of New Jersey 101.5 speak present host Dennis Malloy solely.
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Nasty NJ city nicknames — Have you ever heard of them?
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