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Category Archives: Politics
Casino in the Swamp
From Forbes: How New Jersey Will Double Down On Gambling If Casinos Come To New York City If the handful of billionaires, real estate developers and gambling companies get their way and bring a Las Vegas-style casino resort to New York … Continue reading
Posted in New Jersey Real Estate, NYC, Politics
111 Comments
UK brings out the big guns to fight recession
From CNBC: UK government dishes out extensive tax cuts as country braces for recession The measures include: Cancellation of a planned rise in corporation tax to 25%, keeping it at 19%, the lowest rate in the G-20. A reversal in … Continue reading
Posted in Economics, Politics
99 Comments
NJ: Want your tax break? Get back to the office.
Disregard the source, was trying to find a non-paywalled version of this article yesterday. From Florida Realtors: N.J. to Companies: Make Workers Return While companies continue to wrestle with the employee question – Should they be allowed to work remotely … Continue reading
Posted in Economics, Employment, New Jersey Real Estate, Politics
152 Comments
Who to blame?
From Vice: Good News: Economy Sucks, You’re Screwed, and It’s All Your Fault, Economists Say Good news everyone: wage increases are slowing, raises are getting smaller, layoffs are beginning to happen, and inflation is all your fault. And you should … Continue reading
Posted in Demographics, Economics, Employment, Politics
46 Comments
Relief?
From the Record: New Jersey taxpayers won’t find relief in Phil Murphy’s budget Gov. Phil Murphy and Democrats in the state legislature are lauding themselves for providing relief and improving New Jersey’s economy with their recently passed state budget. Neither … Continue reading
King Murphy
From NJ101.5: NJ’S MURPHY SIGNALS POSSIBLE WHITE HOUSE RUN With speculation intensifying that President Joe Biden will not seek a second term, Gov. Phil Murphy is raising his profile for a potential White House bid. A $2 million ad blitz … Continue reading
Posted in Politics
127 Comments
Worth breaking something
From Bloomberg: Fed Mulls ‘Game Changer’ to Jolt Inflation: Decision Day Guide Federal Reserve Chair Jerome Powell, who’s carefully telegraphed interest rate hikes over four years, looks likely to abandon gradualism and move more forcefully to stamp out inflation along … Continue reading
Posted in Economics, Politics, Unrest
156 Comments
Let’s get those steaks sizzling – if you can afford it
From CNBC: Consumer price inflation in May expected to run sizzling hot as energy, food and rent rose Economists expect inflation in May continued to burn white hot, with energy, food, rent and health-care costs all rising. According to Dow … Continue reading
Posted in Economics, Politics
147 Comments
Yeah Right
From NJ1015: GOP plan for ‘once-in-a-lifetime opportunity’ to cut NJ taxes Assembly Republicans want to cut income taxes as part of the new state budget, part of a four-pronged plan for responding to an unprecedented surge in state revenues and … Continue reading
Posted in Economics, Employment, New Jersey Real Estate, Politics
302 Comments
NJ’s new tax rebate
From Patch: $900M In Tax Relief Could Be Coming To 1.8M NJ Homeowners, Renters Nearly 1.8 million New Jersey homeowners and renters could get some money back from the state under Gov. Phil Murphy’s new property tax relief program proposed … Continue reading
Posted in New Jersey Real Estate, Politics, Property Taxes
127 Comments
All eyes on school budgets
From the Star Ledger: Jersey City slams $1,600 school tax hike, but education group says sides ‘need to figure how to make that work’ The Fulop administration slammed the Jersey City Board of Education for its $1,600-per-average-homeowner tax hike in … Continue reading
Posted in New Jersey Real Estate, Politics, Property Taxes
132 Comments
Low tax counties see cuts to school aid
From NJ1015: 6 NJ counties may see property taxes rise due to school aid cuts When Gov. Murphy announces a victory, you always have to look underneath for the real story. That’s because in a tax and spend administration like … Continue reading
Posted in New Jersey Real Estate, Politics, Property Taxes
137 Comments
Cheaper to live in NJ? Yeah, right.
From the Star Ledger: Murphy unveils plan for big property tax rebates to nearly 2M N.J. households Gov. Phil Murphy announced Thursday his administration will extend property tax relief to about 1.8 million New Jersey households by replacing the state’s Homestead Benefit … Continue reading
Posted in New Jersey Real Estate, Politics, Property Taxes
100 Comments
Time to serve
From NJ1015: Get back to work! NJ lawmakers call for all Motor Vehicle offices to reopenLawmakers are trying to force the Motor Vehicle Commission to fully reopen. State Sen. Kristin Corrado, R-Passaic, said the reason for her proposed legislation is … Continue reading
Posted in Economics, Employment, Politics
223 Comments
NJ’s No-Stop Centers
From NJ1015: NJ lawmakers want to force Murphy administration to open unemployment offices Lawmakers will be introducing legislation to force the Murphy administration to open the Department of Labor’s One-Stop Career Center offices as soon as March 1 to resolve outstanding … Continue reading
Posted in Economics, Employment, Politics
62 Comments