News

Inflation jumped 7.9% over the past year, sharpest spike since 1982

Inflation jumped 7.9% over the past year, it's the sharpest spike since 1982, according to a report released Thursday by the Labor Department. Bread, meat, eggs, milk, fruit, even coffee have all increased. But the question is why? The inflation we are seeing today is...

Murphy’s property-tax rebate proposal adds renters

Last week Gov. Murphy announced a property-tax relief program that could benefit renters. Senior policy fellow Marc Pfeiffer explains that the funding is coming from income tax and directly benefits people paying those taxes (segment starts at 6:40) NJ Spotlight News,...

Land value tax helps realize the Richmond 300 vision

Since the 1990s, Richmond’s story largely has been one of success. Spurred and supported by the expansion of the Mid-Atlantic Interstate 95 corridor, the city saw employment increase, population loss reverse and median incomes increase from $24,000 in 1990 to $54,000...