Number of the Day: 50

NJ Spotlight | May 18, 2010

Dead last. For the fourth year in a row, the Tax Foundation has ranked New Jersey 50th in the country for state business tax climate. Elements of the nonprofit, nonpartisan Tax Foundation’s state business tax index include property tax rates, as well as corporate, sales, individual and unemployment taxes. New Jersey’s extremely high property and corporate taxes cemented the state’s poor showing.