NEW BRUNSWICK – Lt. Gov. Kim Guadagno told business leaders this morning that the Christie Administration “will continue to veto any tax increase,” saying that businesses in the state already have some of the highest taxes in the nation.
Speaking at a business conference at the Edward J. Bloustein School at Rutgers University, Guadagno, who also deals with economic development matters as secretary of state, said some large businesses have decided to remain in the state, such as Honeywell and Realogy.
She referred to electronics giant Panasonic, which will set up operations in Newark, as “the shot heard around the world.”
“We are not talking in terms of Snooki, or Housewives, or Jersey Shore, or the Sopranos,” she said, referring to various pop-culture figures and TV shows that tend to paint New Jersey in a negative light.
Guadagno said the administration will continue to seek to reduce regulations and business taxes.
To help businesses cut through the “regulatory morass,” Guadagno urged residents to contact her via cell phone. She gave the number out at the conference: “609-575-8111.”
“You now have the tool you need to cut through red tape.”