“New Jersey has been in this unenviable position for a long time,” said Joseph Seneca, a Rutgers economist. “Property taxes are driven primarily by the costs of local government and public education, and the steady rise over the years in these costs.” In addition, local governments in New Jersey rely almost exclusively on property taxes, while in other states, local governments are funded in part by sales and income taxes, according to Henry Coleman, a Rutgers professor who studies public finance.
NJSPL: New Jersey Policy Priorities Survey Results
By Angie Nga Le Between October 7 and November 14, 2024, the New Jersey State Policy Lab conducted a brief survey to gain insights into emerging issues and policy priorities in New Jersey. The survey aimed to inform the Policy Lab’s strategic research planning,...