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Dr. Laffer calls the Lonegan Plan the best medicine for state economy NASHVILLE – Former economic advisor to President Ronald Reagan and “Father of Supply-Side Economics” Dr. Arthur Laffer today endorsed the Steve Lonegan Flat Tax plan for New Jersey. "Steve Lonegan's economic plan is the best medicine for New Jersey's ailing state economy," Dr. Laffer said. "The Lonegan Flat Tax would replace New Jersey's stifling progressive income tax and its top rate of 9 percent with a simple, flat tax of 2.9 percent that would unshackle entrepreneurship and capital formation and give New Jersey residents a huge incentive to work, save, and invest. His plans to cut spending and repeal business taxes would also help turn New Jersey from an economic laggard into a leader among the states." "The Lonegan Flat Tax plan would unleash the animal spirits of New Jersey's most productive citizens and create a wave of economic growth that will leave all New Jersey citizens better off," Laffer said. "I'm an income tax refugee myself, so I know the Lonegan Flat Tax plan will reverse the drain of New Jersey's best wealth producers leaving the state and once again make New Jersey a magnet for jobs, growth, and prosperity "Steve Lonegan welcomed the endorsement, saying: "Dr. Laffer's support proves that the baseless attacks on my Flat Tax and overall economic plan are based on bad economics and bad politics. The first order of business for the next governor is to get the state's economy back on track and create a rising tide that will lift all boats. That's precisely what my plan will do and that's why I should be the next governor of New Jersey."
The Progressive Democrats of America Co-Founder and National Director Tim Carpenter and State Chair Mary Ellen Marino today endorsed Bonnie Watson Coleman for the Democratic nomination in the 12thCongressional District.Read More >
Organization to honor Gov. KeanAn event next month for Community Options, Inc. will celebrate the 25th Anniversary of the organization's founding and honor Governor Tom Kean, Sr., a was an advocate over 25 years ago for bringing individuals with developmental disabilities out of state institutions into small group homes.Robert...
By HAYTHAM YOUNES As the May 13th election for Paterson officials nears, I've noticed a lot of candidates running using slogans and empty promises as if they weren't around watching Paterson get to where it's at today. I think it's important that... Read More >
"This is the only Tea Party group that endorsed Mitt Romney. These guys are the Vichy French of the Tea Party movement. They're the guys who say 'Viva la France,' and then you can't find them when the fighting starts. Come on." - GOP strategist Rick Shaftan, on the Independence Hall Tea Party group.- PolitickerNJ.com
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