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In a press release, NJPP showed that owning a Main Street business comes with increased social capital, as these establishments are an important part of the fabric of their respective local communities.
But many progressive organizations, such as New Jersey Working Families and NJPP, said they see the millionaire's tax as a positive step toward leveling the playing field for the state's lower-and-middle-income families.
"New Jersey is proving that staggering health care costs are not inevitable; they were created by policy choices and can be lowered with policy choices," saidRaymond Castro, NJPP director of health policy and author of the report, in a statement.
"New Jersey's inability to maintain and invest in its most vital assets hinges on an unfair tax code that favors the wealthy," the report's author, NJPP Senior Policy Analyst Sheila Reynertson, said in a prepared statement.
NJPP's report called the four-year lifespan of the tax increase a "fatal flaw" that would open "another large hole" in the state budget.
"We should make no mistake that New Jersey is bleeding the next generation of its workforce with the outmigration of high school students to institutions outside of the state," NJBIA President and CEO Michele Siekerka said of the NJPP report.
"A $15 minimum wage will lift working families and small businesses alike, as more New Jerseyans will have money to spend in their local communities," Brandon McKoy, NJPP's director of government affairs, said in a prepared statement.
The practicum was prepared by NJPP, advised and directed by Zukin and carried out by graduate students at the Bloustein School.
To make New Jersey a better place to live, lawmakers and public officials should focus on more state aid to the public universities, boosting the minimum wage to $15 an hour and finding ways to clamp down on housing costs, said Brandon McKoy, director of government and public affairs at NJPP.View the full article from NJBIZ at http://www.njbiz.com/article/20180910/NJBIZ01/180919985/millennial-exodus-from-nj-not-so-fast-njpp-argues.
As NJPP launches a national search for a replacement, MacInnes will remain with the organization as a distinguished senior fellow, "focusing on his research on New Jersey's preschool education system, its economic impact and opportunities for expansion," the statement reads.
NJPP expressed concern that should the case go to the Supreme Court, Trump's nomination of Judge Brett Kavanaugh and the appointment of conservative judge Neil Gorsuch, could endanger the pre-existing conditions protections set by the Affordable Care Act.
"If there's no combined reporting then the CBT is toothless and it further incentivizes multinational corporations to move their money around to avoid paying taxes in New Jersey," said NJPP spokesperson Louis De Paolo.
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