N.J. Chamber President to Assembly Budget Committee: Proposed Corporate Transit Fee - a Tax Hike on Large Employers - Is 'Punitive and Egregious'
March 12, 2024
March 12, 2024
TRENTON, New Jersey, March 12 -- The New Jersey Chamber of Commerce issued the following news release:
New Jersey Chamber of Commerce President and CEO Tom Bracken, delivering testimony this morning in front of the Assembly Budget Committee, said the proposed $56 billion state budget would inflict damage on New Jersey's economy and its reputation as an improving destination to run a business. Bracken primarily took aim at what he called a "punitive and egregious" 2.5% Corp . . .
New Jersey Chamber of Commerce President and CEO Tom Bracken, delivering testimony this morning in front of the Assembly Budget Committee, said the proposed $56 billion state budget would inflict damage on New Jersey's economy and its reputation as an improving destination to run a business. Bracken primarily took aim at what he called a "punitive and egregious" 2.5% Corp . . .