Survey: Business Leaders say NJ Costs, Rules Hurt

July 10, 2008 12:56:15 PM PDT
Most New Jersey business leaders surveyed think the state isn't doing enough to make energy, health coverage, taxes or the cost of living affordable. Many say their top concerns are burdensome regulations, high taxes and health care costs. Nearly half think the business climate will deteriorate.

Results of the survey, done for the New Jersey Business & Industry Association, were released Thursday. Findings are mainly based on a telephone poll of 249 state business leaders.

The business association is recommending what it calls "prosperity policies" to boost business conditions. Those include fixing laws governing lawsuits against businesses, creating a fast system to get permits and licenses, and changing laws to reduce state tax payments.