This week, New Jersey Senate committee approved a bill to decrease taxes in small buisnesses. The bill, as stated by an online article on www.nj.com, "was an element of the economic stimulus package proposed in October by Gov. Jon Corzine". Simply put, it was based on an idea that Governor Jon Corzine stated in October. This gives the state of New Jersey more money for other causes that the government feels is important. The vote was unanimous, all fourteen representitives for New Jersey voting for this bill. This may help small buisnesses not go out of buisness, also helping the economy. I think this was a good decision, and more small buisnesses will probably succeed because of this new law.
"Senate committee approves bill to spur loans to small businesses, individuals"
http://www.nj.com/news/index.ssf/2009/02/senate_approves_push_for_econo.html
Thursday, February 26, 2009
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