Tag: revenue

ANALYSIS: New Jersey’s year-to-date income tax revenue is missing the mark

MORRISTOWN, NJ – A balanced revenue stream is important for any family, business, or… state. It’s one of the many reasons why New Jersey is in such deep trouble. _  On Thursday, the New Jersey Department of the Treasury released Read More

Trenton stands to be disappointed by weed tax revenues because #economics. | Rooney

By Matt Rooney _ Today is Black Friday, Save Jerseyans, but N.J. Democrats are much more excited for ‘Green Monday’ (Nov. 26th) when both the Assembly and Senate’s respective committees plan to advance legislation to legalize recreational marijuana use throughout Read More

Will legal sports betting help N.J.? I don’t like our odds.

By Matt Rooney _ You can’t have prosperity without freedom, but don’t think for a moment that freedom guarantees prosperity.  On Monday, the U.S. Supreme Court aligned itself with common sense and struck down a widely-panned 1992 federal law — Read More

Moody’s Says NJ Still a Gamble, Despite Pension Fund Tapping Lottery Revenues

Despite a new law that funnels about $1 billion in annual New Jersey Lottery revenues directly into the state’s beleaguered public-employee pension system, a major Wall Street credit-rating agency is warning there remains “considerable risk” since the state faces still-rising Read More