![]() The education system today does not provide a full range of skills building that we need for the jobs of the future. Then, we have low-income white areas and low-income minority areas where kids are destined to failure because we don’t provide them with any opportunities. We have strong performing suburban schools, which provide kids with choice and opportunity for advancement. Q: What changes would you make to our primary, secondary and higher education systems to advance the skills of the nation’s workforce?Ī: In New Jersey, we have a two-tier education system. We wouldn’t have the policies that we have in the state today if it did stand up for what it believes in while providing opportunities … not trapping people into government dependency, but helping provide policies that encourage free enterprise. The business community must stand up and fight for the principles of opportunity and broad prosperity. Market-based solutions alleviate poverty, provide for economic growth and improve quality of life. ![]() There is no force … no power better than free enterprise. So, it is the middle class who will bear the burden of property tax increases when they occur.Īlso, the business community needs to stand up and make sure its representatives in Trenton and Washington, D.C. is not going to collect less property taxes. High-end housing prices throughout suburban New Jersey have come down significantly in the last eight months. Losing that capital out of New Jersey is a triple whammy to us: It reduces income taxes at the higher levels we lose philanthropy and it also has an impact on property taxes. However, the $10,000 cap on SALT deductions has negatively impacted the people who have the capital for business formation. The state’s economy is being helped by a strong national economy, which has been helped by tax reform. We are driving people out of the state because of the unaffordability issue. Therefore, affordability is what we have to attack to increase the opportunities for job creation. If they find a job in the state, they can’t afford to live here, so they live with their parents. New Jersey also has the highest percentage of 20-year-olds living with their parents in the country. That is distressing when you combine that with the accelerated rate of outmigration of the wealthiest people in the state because of the cap on state and local tax (SALT) deductions. I am very worried about the jobs outlook in New Jersey because we have the fastest rate of outmigration of 18- to 34-year-olds in the country. We need to create the right government tax policies that create an environment for job creation we need a revamped education system to ensure that we are producing the kind of skilled students and employees who have the background to handle the jobs of the future. have failed us in creating job opportunities. So, creating jobs has to be a high priority. Q: What are your key tenets regarding job creation and growing the economy, especially in New Jersey?Ī: There is very little that is more important than giving people job security. Menendez By Anthony Birritteri, Editor-in-Chief On Oct 1, 2018 Government Robert Hugin Q&A The Senatorial Battle: Hugin vs.
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