Source: NJBIA Source:NJBIA

TRENTON, NJ—With Gov. Phil Murphy scheduled to give his budgetaddress later today, the New Jersey Business and IndustryAssociation released a scathing report on Monday that puts NewJersey at the bottom of the region in terms of businessclimate.

In its updated 2020 Business Climate Analysis, the NJBIA reportstates that New Jersey has the least competitive business climate,with the highest corporate tax, state sales tax, income tax andproperty taxes in the region when compared to Massachusetts,Connecticut, New York, Pennsylvania, Maryland and Delaware.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.