MORRISTOWN, NJ - Paul Boudreau, president of the Morris County Chamber of Commerce, today issued the following statement on the budget negotiations in Trenton:

“Individuals and businesses are shouldering a significant tax burden already in our state. Raising taxes sends a signal to our employers and future investors that New Jersey will remain uncompetitive for decades to come. We will see more out-migration of wealth and diminished investment in jobs if we continue to increase taxes on individuals and corporations.

"Our Morris County business community is proud of our state. We have always been willing to work with elected leaders to seek solutions for the real challenges we have. This is absolutely the wrong prescription to create jobs and grow our tax base in order to fund our state’s priorities.”

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About the Morris County Chamber of Commerce

The Morris County Chamber of Commerce serves its members and the people of Morris County as a dynamic business organization that provides opportunities for personal growth, business success and community leadership. Our Chamber has nearly 900 members that employ 74,000 people in Morris and the surrounding counties. The Chamber seeks to help each member realize their business and community involvement goals. Regardless of the size of our member organizations, we work with key leaders at all levels to develop a strategy that supports the culture and specific objectives of their enterprise. Our robust committee structure allows members to participate in delivering cutting edge events and programs that add real value for all participants. Our staff has a strong focus on meeting the needs of our members and partnering with other business and community organizations to "move the needle" on key issues in the community that impact public policy, employment, investment, education, business growth and the nonprofit community.