In a survey of more than 540 certified public accountants conducted earlier this month by the New Jersey Society of CPAs, cutting or capping increases on property taxes was named the highest priority for the winner of the New Jersey gubernatorial election in November.
The top five recommendations for the next governor:
- Reduce or cap increases on property taxes.
- Audit state agencies and programs for overspending and waste.
- Improve the state’s infrastructure.
- Eliminate the pension system for all new public sector workers and replace it with a 401(k)
- Reduce regulations and red tape for business.
“The state needs action, and CPAs’ voices should be listened to since they hear from residents and businesses across the state on an ongoing basis,” said Ralph Albert Thomas, CEO and executive director of the NJCPA.