Governor Christie's announcement today about tax relief for employers is a win for everyone in New Jersey.
Congratulations to the Christie administration and to the State Legislature for their joint success in revitalizing the once insolvent Unemployment Insurance Trust Fund.
The Chamber would especially like to thank Harold J. Wirths, commissioner of the State Department of Labor and Workforce Development.
Under Commissioner Wirths direction, a series of anti-fraud initiatives, including a debit card for those receiving Unemployment Insurance benefits, helped eliminate fraudulent payment, saved taxpayers millions of dollars, and created a $1 billion surplus in the UI Fund.
This positive development means employers will pay less into the fund and will instead invest more in their businesses and in New Jersey's economic growth.
