Tone Deaf Corzine - It's NJ's unfriendly business climate stupid!
In an article in today's Asbury Park Press, Governor Corzine sings the praises of Nordisk expansion in Princeton:
Gov. Corzine was giddy in praising Novo Nordisk's recent decision to expand its U.S. headquarters in Princeton. He said the health care company's decision "demonstrates the state is an attractive location for innovative companies to grow."
But as usual, the Governor does not have his facts straight. Frankly, it is hard to criticize Corzine anymore because he has proven to be such a fool on so many levels from his elitist posturing on stem cell research and the public's refusal to fund it, his support of paid family leave so his rich children can get money from the state to visit him (by far the worst explanation for signing a bill in NJ history), his toll tax proposal, his absolute refusal to cut anything significant from the budget for fear of angering special interests and his complete disrespect for the taxpayers in the state of New Jersey. But on this one, he has his head somewhere unmentionable (in the sand?):
The Small Business & Entrepreneurship Council's recently released 2008 Business Tax Index placed New Jersey dead last of 50 states. The state ranked in the bottom five in personal income and capital gains tax rates and in state and local property taxes.
The adverse impact taxation is having on the state's economic health has been clear for some time. A Rutgers University report released two weeks ago found that New Jersey's private-sector job growth ranked 41st nationally over the past two years.
There is a bill to address these issues that the Democrat controlled legislature will not even debate. Here's hoping that United State Attorney Christopher Christie will indict Corzine and throw him in jail. Eighteen more months of Corzine is too long.
Labels: Corzine, NJ Business
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