TRENTON, N.J. – In 2019, Assemblyman Christopher DePhillips sponsored legislation that successfully doubled the angel investor tax credit. Noting increased competition from neighboring states and a lagging economy, he introduced a bill Tuesday to increase the tax credit again. DePhillips’ bill (A5056) increases the tax credit for investments in...
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TRENTON, N.J. – Creating a government-run board to control prescription drug prices in the medicine chest of the world, aka New Jersey, is bad for business and innovation, say Republicans. WATCH: Can Bureaucrats Really Lower Drug Prices?Reina Smrdelj, a legislative analyst at the Assembly Republican Office, reveals the potential...
TRENTON, N.J. – New Jersey’s corporate business tax has led to an exodus of investment in the state once called the nation’s medicine chest. New Jersey is fifth out of seven states in the region for innovation, according to an NJBIA study, and experienced the largest loss of undergraduate...