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The WasteWatcher: The Staff Blog of Citizens Against Government Waste

New Jersey

Legal Sports Betting Scores Big With Taxpayers

The year 2019 has been a landmark year for sports betting, with one in four Americans living in a state where the practice is legal. Since the 2018 Supreme Court ruling overturning the federal prohibition, states are now permitted to pass sports betting legislation. After the decision, 17 states have fully embraced the ruling, while others have rejected or delayed legislation.

New Jersey Faces Plethora of Tax Increases

In the spring of 2018, New Jersey’s new governor and leaders in the legislature were arguing about which state taxes to raise.  Governor Phil Murphy had pledged to soak the wealthy with a state individual income tax of 10.75 percent on all income more than $1 million, but powerful State Senate President Steve Sweeney preferred a tax increase on corporate income.

New Jersey Politicians Argue About Which Taxes To Raise

There is a lesson to be learned from the dispute between political insiders in New Jersey that has unfolded over the last couple of months regarding raising taxes. 

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