Letter: ‘Big, Beautiful Bill’

Letter: ‘Big, beautiful bill’

The 10th Amendment to the United States Constitution says: “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.”  The principle is that there are only some things the federal government should get involved in. What works in one part of the country may not be such a good idea in other parts. From place to place, people have different valu…

One Big Beautiful Bill helps to increase investment by businesses on equipment and CapEx

Equipment and capital expenditures (CapEx) surged 11% in the second quarter of this year following a 23% spike in quarter one.

The One Big Beautiful Bill Act Gets Expensing Right. States Should Follow Suit.

However states choose to respond to other tax provisions of the One Big Beautiful Bill Act, they should conform to the pro-growth provisions, which represent a marked improvement in the corporate tax code.

Murphy orders review of One Big Beautiful Bill impacts

New Jersey Gov. Phil Murphy is calling on state agencies to review how the recently signed One Big Beautiful Bill Act will impact the Garden State. The sprawling legislation encompasses tax, spending, immigration enforcement, energy and more. It also makes major changes to areas such as health care and social safety net programs. Murphy signed Executive Order No. 393 July 23. The EO directs all state agencies to immediately review how the law im…

Governor Murphy Signs Executive Order Directing State Agencies to Review Impacts of the One Big Beautiful Bill Act

The order follows an announcement from the Department of Human Services that the state’s Child Care Assistance Program will no longer accept new applications after July 31