370: Decoding New Jersey’s Tax Competitiveness

New Jersey’s tax environment is always a hot topic, but how are state tax competitiveness rankings actually determined? Janelle Fritts, senior policy analyst at the Tax Foundation, breaks down the principles of sound tax policy, outlines where New Jersey ranks across key tax categories compared to neighboring states and shares practical, realistic steps lawmakers can take to improve the state's tax competitiveness. Topics discussed: What the Tax Foundation is and what it does The Foundation’s principles of sound tax policy How the Foundation determines a state’s tax competitiveness Where New Jersey ranks in key tax categories How New Jersey lawmakers could improve the state’s ranking Sales tax on professional services Tax Foundation resources Resources: Tax Foundation – 2026 State Tax Competitiveness Index Tax Foundation – Taxes in New Jersey Connect with Janelle Watch all IssuesWatch Podcast episodes