A recent analysis reveals that New Jersey is one of the top states in the United States in terms of state and local tax collections per capita. This data highlights the significant tax burden on New Jersey residents, as the state consistently ranks high in various tax categories. The report underscores the impact of these taxes on both businesses and individuals, contributing to an ongoing debate about the state’s fiscal policies. High taxes can influence New Jersey’s economic competitiveness, affecting business decisions and relocation trends. The New Jersey Business & Industry Association emphasizes the importance of addressing these high tax rates to foster a more business-friendly environment. By examining per capita tax collections, the data aims to provide a clear picture of how New Jersey’s tax policies compare to other states, sparking discussions on potential reforms and their implications for economic growth.
New Jersey Business & Industry AssociationNew data shows Rising Insolvency Filings Indicate Canadians Reaching Breaking Point
May 15, 2026
New data indicates a rising trend in insolvency filings as more Canadians grapple with financial distress. Experts are concerned that a combination of high inflation,