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Don’t Worry, Belmar’s Still #1

If you include the S.I.D. tax!!!


From NJ101.5:

NJ Ranks 49th In Business Tax Climate, Beating NY

New Jersey is growing more business-friendly. According to a new report from the Tax Foundation, the Garden state moved up one place from 50th to 49th this year, beating neighbor New York.

“New Jersey still has some of the highest property taxes in the country. In fact, per capita, state residents pay $2,671 per capita, that’s about 5.3 percent of personal income.  Some of the other reasons include a high income tax rate and a high corporate tax rate” said Scott Drenkard, an economist at the Tax Foundation.


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