Welcome to The Taxpayer Minute!
Click below to listen to our latest Taxpayer Minute radio spot discussing why New Jersey leads the nation in outbound migration!
United Van Lines Report: More People Moving Out Of New Jersey Than Other State A consequence of New Jersey’s suffocating tax climate, the state led the nation in outward bound migration in 2012 according to United Van Lines. New Jersey’s out-bound rate was 62% last year. This is the second time in the last three years that New Jersey ranked as the nation’s #1 outbound migration state. Click here to read the United Van Lines report.
MINIMUM WAGE, MAXIMUM FOLLY! Perhaps no issue has been studied more by economists than the minimum wage. The impact of artificially inflating the cost of labor by government dictate is clear: increasing the minimum wage hurts small businesses and low-skilled workers, including teenagers, cutting them off from the job market and precluding them from taking that first step on the ladder to success. Whether it’s $9 an hour, as the president wants, or $8.25 an hour, as has been proposed in the NJ Legislature, increasing the minimum wage is a tired, bad idea.
Cato Institute: Obama’s Minimum Wage Hike: A Case of Zombie Economics
Donald Boudreaux & Walter E. Williams: How to Keep More Kids on the Streets
Veronique de Rugy, Mercatus Center: Raising the Minimum Wage: A Tired, Bad Proposal
Walter E. Williams: A Minority View: Higher Minimum Wage
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