Tax Reform

Jonathan Williams Discusses NJ Tax and Debt Increases on NTD Business

Rather than reining in debt and spending, the Garden State implemented a massive tax increase and took on an additional $4.5 billion in debt. Co-author Jonathan Williams joined NTD Business to discuss.

New Jersey announces broad tax increases and over $4 billion dollars of new debt to offset the impact of this year’s lockdowns.

Jonathan Williams, chief economist and an executive vice-president at the American Legislative Exchange Council, tells us what the new debt will mean for New Jerseyans going forward.

Watch the complete interview on NTD Business here.


In Depth: Tax Reform

Mainstream economists, small business owners and taxpayers across the country understand that growth-oriented reforms mean increased opportunity for all. As demonstrated by the annual Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index, sound tax and fiscal policies are critical to economic health, allowing businesses and households to flourish. A …

+ Tax Reform In Depth