Other People's Money - Paid Family Leave
The New Jersey Senate has decided that trying to act like California and Minnesota is a good thing to do in the midst of the state's most serious fiscal crisis. I don't know much about Minnesota but California is a case study in fiscal incompetence combined with insatiable appetite for spending that has bankrupted the state (despite the fact that the official declaration hasn't yet been made).
The tax situation in New Jersey is already completely unfriendly to business. The sales tax issue (not 1 cent which would have been in excess of a 16% increase but a massive new tax infusion to a whole new range of products and services). So when business are already looking for opportunities over the rivers and past the bay, what does our Senate do? They decide to insist that business provide paid time off for family leave thereby enhance already solid national policies which allow families to have their children and get back to work in a timely fashion.
There is a reason that only two states have enacted this legislation. It is because they do not want to lose the businesses that make up the backbone of their budgets. NJ Senators don't care because this is other people's money anyway. They can stand and pontificate over how they are helping people while those same citizen's employer's say....goodbye. Need evidence? Does anyone remember when we actually were the telecommunications capital of the US? Guess not.
Labels: Democrats, NJ Business
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