{"id":10062,"date":"2024-04-29T17:02:03","date_gmt":"2024-04-29T14:02:03","guid":{"rendered":"https:\/\/ch.jfdi.cc\/?p=10062"},"modified":"2024-04-29T17:02:03","modified_gmt":"2024-04-29T14:02:03","slug":"urging-lawmakers-to-do-better-for-business","status":"publish","type":"post","link":"https:\/\/ch.jfdi.cc\/?p=10062","title":{"rendered":"Urging Lawmakers to Do Better for Business"},"content":{"rendered":"<p><span>Government  <\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t<span class=\"post-info\">By Michele N. Siekerka, NJBIA President and CEO  On Apr 29, 2024<\/span><br \/>\n\t\t\t\t\t<span>The governor\u2019s proposed $1 billion tax hike on New Jersey\u2019s largest job-creators to fund mass transit has grabbed the most attention lately, but it is not the only anti-business policy in his FY25 budget plan that the Legislature should toss onto the trash heap of bad ideas.<\/span><br \/>\n<span>Buried in the \u201cOther Revenues\u201d section on page 62 of Gov. Phil Murphy\u2019s FY25 Budget in Brief is a proposed \u201ctruck traffic excise fee.\u201d This is a sugarcoated name for another new tax targeting the business community, and it could ultimately affect the cost of millions of products that move in and out of New Jersey warehouses and manufacturing facilities daily.<\/span><br \/>\n<span>New Jersey is a transportation and logistics state. This sector of our state\u2019s economy provides up to 200,000 jobs and about $25 billion in GDP. Over 13,000 transport and logistics businesses are located here, including some of the world\u2019s largest companies. The governor often touts the state\u2019s thriving transportation and logistics industry as one of our biggest assets.\u00a0<\/span><br \/>\n<span>Yet the so-called \u201cbuck-a-truck\u201d budget proposal inexplicably hits the industry with a $10 million nuisance tax that impacts not just giant e-commerce warehouses along the New Jersey Turnpike, but potentially thousands of manufacturers located across this state where trucks are moving products in and out of facilities. The reason for the proposal wasn\u2019t described in the governor\u2019s budget, but some in Trenton have said it\u2019s for a trucking study. Allowing for that, however, would be a slippery slope and certainly lay the groundwork now for much higher truck taxes down the road.<\/span><br \/>\n<span>Research shows these types of anti-business policies undermine the state\u2019s economic development strategy. They tag New Jersey as a difficult and expensive place to run a company. NJBIA\u2019s message to legislative policymakers during budget hearings has been simple: Do better for business.<\/span><br \/>\n<span>This state already has among the nation\u2019s highest income taxes, property taxes, and corporate taxes. The governor\u2019s $55.9 billion FY25 spending plan cements an anti-business reputation by reneging on his public promise to sunset the corporate business tax charge. Instead, he would replace the temporary CBT surcharge with a permanent, retroactive $1 billion corporate transit tax, saddling New Jersey businesses with the highest corporate tax rate (11.5%) in the US.<\/span><br \/>\n<span>NJBIA has been out front at legislative budget hearings about how anti-business policies \u2013 especially the proposed corporate transit tax \u2013 harm our job-creators, our economy and New Jersey\u2019s future. The buck-a-truck tax in the draft budget\u2019s fine print may be small potatoes by comparison, but it adds insult to injury, nonetheless. We are calling on our state leaders to do better for New Jersey businesses.<\/span><br \/>\n<b><i>To access more business news, visit\u00a0<\/i><\/b>NJB News\u00a0Now<strong><em>.<\/em><\/strong><\/p>\n<p>\t            <span class=\"h4\">Related Articles:<\/span><!--related--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The governor&#8217;s proposed budget for FY25 includes a new &#8220;truck traffic excise fee&#8221; targeting businesses in New Jersey&#8217;s transportation and logistics industry.<\/p>\n","protected":false},"author":6,"featured_media":10063,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[1521,6552,8303,1766,4223,186,6600,6765,6267,2460,33,4498,4919,3399,3818,6021,3395,26,8285,5576,4081,696,415,5098,2294,4773,1991,572,28,3940,1236,4442,6057,3331,4833,4843,7320,284,4915,4671,6074,5614,470,3480,7967,1065,4556,1183,2392,459,8239,2666,8301,2551,4682,8302,965,380,4100,18],"class_list":["post-10062","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other","tag-1521","tag-access","tag-anti-business-policies","tag-budget","tag-budget-proposal","tag-business","tag-business-community","tag-business-tax","tag-commerce","tag-community","tag-companies","tag-corporate-tax","tag-corporate-tax-rate","tag-corporate-taxes","tag-development","tag-draft","tag-economic-development","tag-economy","tag-expensive","tag-fine","tag-future","tag-gdp","tag-government","tag-governor","tag-income","tag-income-taxes","tag-industry","tag-injury","tag-jobs","tag-leaders","tag-logistics","tag-message","tag-new-jersey-businesses","tag-news","tag-policy","tag-president","tag-products","tag-property","tag-property-taxes","tag-proposal","tag-research","tag-revenues","tag-road","tag-spending","tag-state","tag-tax","tag-tax-rate","tag-taxes","tag-thriving","tag-traffic","tag-transport","tag-transportation","tag-transportation-and-logistics","tag-trash","tag-truck","tag-truck-traffic-excise-fee","tag-trucks","tag-us","tag-visit","tag-world"],"acf":{"keyphrase":"","keywords":"","sourceimg":"","country-category":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Urging Lawmakers to Do Better for Business<\/title>\n<meta name=\"description\" content=\"tax. transportation and logistics, truck traffic excise fee, anti-business policies\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Urging Lawmakers to Do Better for Business\" \/>\n<meta property=\"og:description\" content=\"tax. transportation and logistics, truck traffic excise fee, anti-business policies\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ch.jfdi.cc\/?p=10062\" \/>\n<meta property=\"og:site_name\" content=\"ch.jfdi.cc\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-29T14:02:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ch.jfdi.cc\/wp-content\/uploads\/2024\/04\/urging-lawmakers-to-do-better-for-business.png\" \/>\n\t<meta property=\"og:image:width\" content=\"775\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Robot\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Robot\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=10062#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=10062\"},\"author\":{\"name\":\"Robot\",\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/#\\\/schema\\\/person\\\/24aeef359ef2df73056e7502e1cadc71\"},\"headline\":\"Urging Lawmakers to Do Better for Business\",\"datePublished\":\"2024-04-29T14:02:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=10062\"},\"wordCount\":469,\"image\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=10062#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ch.jfdi.cc\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/urging-lawmakers-to-do-better-for-business.png\",\"keywords\":[\"000\",\"access\",\"anti-business policies\",\"budget\",\"budget proposal\",\"Business\",\"business community\",\"business tax\",\"commerce\",\"community\",\"Companies\",\"corporate tax\",\"corporate tax rate\",\"corporate taxes\",\"development\",\"draft\",\"economic development\",\"Economy\",\"expensive\",\"fine\",\"future\",\"gdp\",\"government\",\"governor\",\"income\",\"income taxes\",\"Industry\",\"injury\",\"jobs\",\"leaders\",\"logistics\",\"message\",\"New Jersey businesses\",\"news\",\"policy\",\"president\",\"products\",\"Property\",\"property taxes\",\"proposal\",\"research\",\"revenues\",\"road\",\"spending\",\"state\",\"tax\",\"tax rate\",\"taxes\",\"thriving\",\"traffic\",\"transport\",\"transportation\",\"transportation and logistics\",\"trash\",\"truck\",\"truck traffic excise fee\",\"trucks\",\"US\",\"visit\",\"World\"],\"articleSection\":[\"Other\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=10062\",\"url\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=10062\",\"name\":\"Urging Lawmakers to Do Better for Business\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=10062#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=10062#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ch.jfdi.cc\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/urging-lawmakers-to-do-better-for-business.png\",\"datePublished\":\"2024-04-29T14:02:03+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/#\\\/schema\\\/person\\\/24aeef359ef2df73056e7502e1cadc71\"},\"description\":\"tax. transportation and logistics, truck traffic excise fee, anti-business policies\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=10062#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ch.jfdi.cc\\\/?p=10062\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=10062#primaryimage\",\"url\":\"https:\\\/\\\/ch.jfdi.cc\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/urging-lawmakers-to-do-better-for-business.png\",\"contentUrl\":\"https:\\\/\\\/ch.jfdi.cc\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/urging-lawmakers-to-do-better-for-business.png\",\"width\":775,\"height\":500,\"caption\":\"Urging Lawmakers to Do Better for Business\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=10062#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/ch.jfdi.cc\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Urging Lawmakers to Do Better for Business\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/#website\",\"url\":\"https:\\\/\\\/ch.jfdi.cc\\\/\",\"name\":\"ch.jfdi.cc\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ch.jfdi.cc\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/#\\\/schema\\\/person\\\/24aeef359ef2df73056e7502e1cadc71\",\"name\":\"Robot\",\"url\":\"https:\\\/\\\/ch.jfdi.cc\\\/?author=6\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Urging Lawmakers to Do Better for Business","description":"tax. transportation and logistics, truck traffic excise fee, anti-business policies","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_GB","og_type":"article","og_title":"Urging Lawmakers to Do Better for Business","og_description":"tax. transportation and logistics, truck traffic excise fee, anti-business policies","og_url":"https:\/\/ch.jfdi.cc\/?p=10062","og_site_name":"ch.jfdi.cc","article_published_time":"2024-04-29T14:02:03+00:00","og_image":[{"width":775,"height":500,"url":"https:\/\/ch.jfdi.cc\/wp-content\/uploads\/2024\/04\/urging-lawmakers-to-do-better-for-business.png","type":"image\/png"}],"author":"Robot","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Robot","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ch.jfdi.cc\/?p=10062#article","isPartOf":{"@id":"https:\/\/ch.jfdi.cc\/?p=10062"},"author":{"name":"Robot","@id":"https:\/\/ch.jfdi.cc\/#\/schema\/person\/24aeef359ef2df73056e7502e1cadc71"},"headline":"Urging Lawmakers to Do Better for Business","datePublished":"2024-04-29T14:02:03+00:00","mainEntityOfPage":{"@id":"https:\/\/ch.jfdi.cc\/?p=10062"},"wordCount":469,"image":{"@id":"https:\/\/ch.jfdi.cc\/?p=10062#primaryimage"},"thumbnailUrl":"https:\/\/ch.jfdi.cc\/wp-content\/uploads\/2024\/04\/urging-lawmakers-to-do-better-for-business.png","keywords":["000","access","anti-business policies","budget","budget proposal","Business","business community","business tax","commerce","community","Companies","corporate tax","corporate tax rate","corporate taxes","development","draft","economic development","Economy","expensive","fine","future","gdp","government","governor","income","income taxes","Industry","injury","jobs","leaders","logistics","message","New Jersey businesses","news","policy","president","products","Property","property taxes","proposal","research","revenues","road","spending","state","tax","tax rate","taxes","thriving","traffic","transport","transportation","transportation and logistics","trash","truck","truck traffic excise fee","trucks","US","visit","World"],"articleSection":["Other"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/ch.jfdi.cc\/?p=10062","url":"https:\/\/ch.jfdi.cc\/?p=10062","name":"Urging Lawmakers to Do Better for Business","isPartOf":{"@id":"https:\/\/ch.jfdi.cc\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ch.jfdi.cc\/?p=10062#primaryimage"},"image":{"@id":"https:\/\/ch.jfdi.cc\/?p=10062#primaryimage"},"thumbnailUrl":"https:\/\/ch.jfdi.cc\/wp-content\/uploads\/2024\/04\/urging-lawmakers-to-do-better-for-business.png","datePublished":"2024-04-29T14:02:03+00:00","author":{"@id":"https:\/\/ch.jfdi.cc\/#\/schema\/person\/24aeef359ef2df73056e7502e1cadc71"},"description":"tax. transportation and logistics, truck traffic excise fee, anti-business policies","breadcrumb":{"@id":"https:\/\/ch.jfdi.cc\/?p=10062#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ch.jfdi.cc\/?p=10062"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/ch.jfdi.cc\/?p=10062#primaryimage","url":"https:\/\/ch.jfdi.cc\/wp-content\/uploads\/2024\/04\/urging-lawmakers-to-do-better-for-business.png","contentUrl":"https:\/\/ch.jfdi.cc\/wp-content\/uploads\/2024\/04\/urging-lawmakers-to-do-better-for-business.png","width":775,"height":500,"caption":"Urging Lawmakers to Do Better for Business"},{"@type":"BreadcrumbList","@id":"https:\/\/ch.jfdi.cc\/?p=10062#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ch.jfdi.cc\/"},{"@type":"ListItem","position":2,"name":"Urging Lawmakers to Do Better for Business"}]},{"@type":"WebSite","@id":"https:\/\/ch.jfdi.cc\/#website","url":"https:\/\/ch.jfdi.cc\/","name":"ch.jfdi.cc","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ch.jfdi.cc\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/ch.jfdi.cc\/#\/schema\/person\/24aeef359ef2df73056e7502e1cadc71","name":"Robot","url":"https:\/\/ch.jfdi.cc\/?author=6"}]}},"_links":{"self":[{"href":"https:\/\/ch.jfdi.cc\/index.php?rest_route=\/wp\/v2\/posts\/10062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ch.jfdi.cc\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ch.jfdi.cc\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ch.jfdi.cc\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/ch.jfdi.cc\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10062"}],"version-history":[{"count":0,"href":"https:\/\/ch.jfdi.cc\/index.php?rest_route=\/wp\/v2\/posts\/10062\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ch.jfdi.cc\/index.php?rest_route=\/wp\/v2\/media\/10063"}],"wp:attachment":[{"href":"https:\/\/ch.jfdi.cc\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ch.jfdi.cc\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ch.jfdi.cc\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}