Archive for Tag: Ned Thomson

NJ financial transactions tax robs residents’ retirement, says Thomson

TRENTON, N.J. – Assemblyman Edward Thomson said legislation imposing a new tax on financial transactions would deplete the retirement savings of New Jersey taxpayers and threatens our already troubled public employee pension funds. Thomson, an actuary who manages pension plans, said the new tax would be passed on to...

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Thomson bill to allow home bakers to sell goods passes committee

TRENTON, N.J. –Assemblyman Ned Thomson’s bill (A-4580) to establish requirements for the sale of home-baked goods passed an Assembly committee Monday. The bill allows home bakers to sell baked goods from home, at farmer markets, farm stands, and festivals. “Home bakers should have the same opportunity to profit from...

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Lawmakers propose amendment to guarantee in-person voting

TRENTON, N.J. – Sen. Robert Singer and Assemblymen Sean Kean and Edward Thomson plan to introduce an amendment to the state constitution that prevents changes to future elections like those imposed this year. The 30th District lawmakers said they wanted to head-off attempts to make permanent any changes to...

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Heated debate preceded Assembly vote on Murphy’s 3-month spending plan

TRENTON, N.J. – Democrats pushed a $7.7 billion three-month supplemental spending plan through the state legislature Monday over strong Republican opposition. “It really blows my mind that the other day those on the other side of the aisle were patting themselves on the back because they said we have...

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Thomson: Legislature should reject Murphy plan deferring pension payments

WALL, N.J. – Assemblyman Edward Thomson is calling for legislative leaders to reject Gov. Murphy’s proposal to defer this fiscal year’s payment into the state’s massively underfunded pension plan. Thomson, an actuary who manages pension plans, said failing to follow the payment schedule recommended by the state’s actuaries would...

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Thomson bill would require state to buy PPE from New Jersey companies

TRENTON, N.J. – Assemblyman Edward Thomson is sponsoring legislation that would require the state to purchase personal protective equipment from New Jersey manufacturers. Thomson said requiring the state to purchase products like masks, gloves and other protective clothing would help stimulate New Jersey’s manufacturing sector and create and maintain...

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Thomson says Murphy’s re-opening plan overly cautious and calls for rescinding executive orders harming small businesses

WALL TWP., N.J. – Assemblyman Edward Thomson said today that Gov. Phil Murphy’s plan to slowly re-open New Jersey is entirely too cautious and will continue to cause increasing business closures and widespread unemployment. “While I agree that we need to take necessary precautions, the state’s business owners and...

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Thomson bill would establish Covid-19 antibody testing

WALL TWP., N.J. – Assemblyman Edward Thomson announced plans today to introduce legislation establishing Covid-19 antibody testing in what he hopes will be the start of efforts to re-open the state’s economy. Antibodies are the body’s way of remembering how it responded to an infection so it can fight...

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Federal rescue of state pensions should require state reforms, says Thomson

TRENTON, N.J. – Assemblyman Ned Thomson is calling for both state and federal action on legislation to save New Jersey’s chronically underfunded public employee pension plans, which are taking a heavy hit during the coronavirus crisis. “The federal government would be a lot more inclined to help us out...

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