N.J. Chamber of Commerce President and CEO Thomas Bracken's Statement on Prioritizing Transportation Trust Fund Funding and Tax Reform
The New Jersey Chamber of Commerce is pleased that the constitutional amendment mandating pension payments will not be on the November ballot.
This should clear the way for state legislators to expeditiously resolve the Transportation Trust Fund and tax fairness issues, including the phase out of the estate tax, as proposed by the state Senate and Assembly.
It also provides more time to solve the pension issue in a manner that is prudent, fair and fiscally responsible.
Effectively addressing these issues will enhance New Jersey's fiscal vitality and competitiveness.