October 21, 2009
NJ Senate Republican Leader Tom Kean: Tax Reform in the Garden State
New Jersey has the least-business-friendly tax climate of all 50 states. The Garden State has the highest median property taxes in the nation, the second-highest state-level sales tax rate, and the third-highest top individual income tax rate.
All of these factored in to New Jersey's recent last-place ranking in the Tax Foundation's 2010 State Business Tax Climate Index, which measure's states' tax-competitiveness.
New Jersey Senate Republican Leader Tom Kean discusses the state's current tax system and potential reforms in this week's Tax Policy Podcast.
More on New Jersey is available here.
To listen to the podcast: Play the audio above or right-click on the audio file below, and select "Save Target As."
