is not going to collect less property taxes. High-end housing prices throughout suburban New Jersey have come down significantly in the last eight months. Losing that capital out of New Jersey is a triple whammy to us: It reduces income taxes at the higher levels we lose philanthropy and it also has an impact on property taxes. ![]() However, the $10,000 cap on SALT deductions has negatively impacted the people who have the capital for business formation. The state’s economy is being helped by a strong national economy, which has been helped by tax reform. We are driving people out of the state because of the unaffordability issue. Therefore, affordability is what we have to attack to increase the opportunities for job creation. If they find a job in the state, they can’t afford to live here, so they live with their parents. New Jersey also has the highest percentage of 20-year-olds living with their parents in the country. That is distressing when you combine that with the accelerated rate of outmigration of the wealthiest people in the state because of the cap on state and local tax (SALT) deductions. I am very worried about the jobs outlook in New Jersey because we have the fastest rate of outmigration of 18- to 34-year-olds in the country. ![]() We need to create the right government tax policies that create an environment for job creation we need a revamped education system to ensure that we are producing the kind of skilled students and employees who have the background to handle the jobs of the future. have failed us in creating job opportunities. So, creating jobs has to be a high priority. Q: What are your key tenets regarding job creation and growing the economy, especially in New Jersey?Ī: There is very little that is more important than giving people job security. Menendez By Anthony Birritteri, Editor-in-Chief On Oct 1, 2018 Hugin ran an ad that referred to the allegations involving prostitutes, which Menendez called "lies.Government Robert Hugin Q&A The Senatorial Battle: Hugin vs. The company didn't admit liability, and Hugin points to the life-saving drugs that the company makes for cancer patients. He also attacked Hugin over his time at Celgene, which settled for $280 million on Hugin's watch in 2017 over allegations it promoted cancer drugs that were not approved by the Food and Drug Administration. Menendez defended himself by pointing to votes for women's rights and on health care. The ethics panel concluded Menendez's actions "reflected discredit upon the Senate." Hugin, though, concentrated on scandalous details in the trial, calling Menendez untrustworthy and highlighting a Senate Ethics Committee admonition letter that took him to task. Menendez's 2015 corruption indictment in which federal prosecutors charged that he accepted lavish gifts from a Florida eye doctor who is his friend in exchange for helping him with a Medicare billing issue was a central issue in the campaign. Nearly all New Jersey's voters casting midterm election ballots said deciding who controls Congress played a role in their decision, according to a wide-ranging survey of the American electorate.ĪP VoteCast found most said that Trump was a factor in their vote, while a majority also said the country is headed in the wrong direction.ĪP VoteCast, an innovative nationwide survey of about 138,000 voters and nonvoters - including 3,800 voters and 664 nonvoters in the state of New Jersey - conducted for The Associated Press by NORC at the University of Chicago. The race was particularly significant because Democrats sought to defend 26 seats, including 10 incumbents running in states that President Donald Trump won in 2016. ![]() "At the end of the day it was a hard choice, and when the good outweighs the bad, you just have to go with it," Bohr said.īohr said she backed Menendez on the expectation that he will be a voice in the Senate to protect health care for Americans and work for immigration reform.
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