Paul Tyahla of New Jersey Business Matters reports recent political/economic/Corzine developments, “Gov Plans Legislative Address on the Economy.”
Governor Corzine has announced that he will address a special joint session of the legislature on October 16th to highlight his initiatives to improve New Jersey’s economy. This follows his economic summit and legislative action on Monday to make improvements to New Jersey’s tax code.
We look forward to the Governor’s comments. However, it is important to stress once again that there is no substitute for a low tax and regulatory structure. No public works projects, tax credit or job creation program can undo a corporate tax ranking of 50th.
The Governor’s plan must acknowledge this reality and further advance the healthy spending reductions he began as part of this year’s budget. Listen to this morning’s gubernatorial interview with WCBS radio by clicking here.
Paul is following up on an earlier post, “Look Who’s 50.”
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