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The Republican-led tax reform plan – called by many Democrats simply a “tax cut” plan for major corporations and the super wealthy – has the backing of President Donald Trump and seems poised for a Senate vote soon. The bill would drastically cut the corporate tax rate, and the Senate plan would also include a sort of “back-door” plan to repeal the Affordable Care Act by doing away with the requirement that people buy health insurance or pay a fine to the Internal Revenue Service.

 

2017 10 04 Tom Bracken SThe head of the New Jersey Chamber of Commerce called a tax bill moving through Congress "very dangerous" for the state on Tuesday, the same day the national chamber urged senators to support it and said those who don't would get negative marks on the group's congressional scorecard.

"The thing we cannot afford right now is to become less affordable, to become less competitive," Thomas Bracken, president of the state chamber, said Tuesday at an appearance in Paramus with Rep. Josh Gottheimer.

 

U.S. Rep. Josh Gottheimer (D-5) welcomed Tom Bracken, the President of the New Jersey Chamber of Commerce, to Paramus Today to tag team on a Tax Hike Bill beat down.

Flanked by local Chamber leaders throughout Northern New Jersey, Gottheimer and Bracken bashed the Tax Hike Bill and exposed how it makes New Jersey less affordable and less competitive.

 

2017 11 07 Tom Bracken STHE WALL STREET JOURNAL: The New Jersey Chamber of Commerce came out against the House GOP tax bill Monday, a move that could put pressure on the state’s Republicans to vote against it without significant changes to the legislation.

 

2017 10 26 Archie FaganThe state’s Chamber of Commerce is at the center of business in New Jersey. Joint Base McGuire-Dix-Lakehurst is at the center of the state’s military community. At its Liberty Gala, the chamber celebrated the joint base’s importance to the nation’s military preparedness and its critical role in the state’s economy, which is sometimes easy to forget when you think of the role men and women in uniform usually play.

 

2017 10 11 NJ 1015 STom Bracken, the president of the New Jersey Chamber of Commerce, said often in New Jersey there’s a lot of talk and no action, but this idea is all about action “that is going to be transformational for the workplace and workforce development in New Jersey.”