Thumbs-up for June 9
- To lending a hand to New Jersey businesses.
- Legislation sponsored by five Assembly Democrats, including Troy Singleton, D-7th of Palmyra, will help state businesses avoid a pending tax increase. Under current statute, employers would begin paying a 10 percent unemployment insurance surcharge on July 1. With the state’s still-high unemployment rate and sluggish growth, legislators have the right idea. Reducing the tax burden is crucial to encouraging businesses to expand and hire in the Garden State.
- To fermenting new commerce.
- Medford residents could see new brew pubs and wine shops popping up if an amendment changing the municipal code regarding liquor licenses is approved by the Township Council. It would provide for limited brewery licenses, restricted brewery licenses for the operation of a pub, as well as winery licenses, farm winery licenses and instructional winemaking facility licenses. A public hearing on the changes is scheduled for June 18 at 7:30 p.m. at the Public Safety Building on Union Street, but we don’t believe many Medford property owners would argue against the addition of commercial tax ratables.