■ Media
■ Media
Grill-Goodman : What economic trends or policies do you see impacting NJ businesses ? Forbes : New Jersey is one of the highest taxed states in the nation and already burdened with the highest business tax rate in the nation . New Jersey , along with Minnesota , Illinois , and Alaska , has the top marginal corporate tax rate in the country . Businesses have to shoulder the weight of draconian regulations . For instance , New Jersey ’ s bars and restaurants are struggling to deal with such restrictions . Among other things , the state has limited happy hour and discounted drink promotions . This is ridiculous .
Grill-Goodman : One might say the tax code has grown more complicated since you ran for president . How would a simplified tax code benefit NJ business owners and the overall NJ economy ? Forbes : A simplified tax code would enable businesses to spend more time and resources in expanding rather than filling out tax forms . Paying higher taxes also means less money for expansion . A less punishing tax code would let businesses grow . It would spur job creation . Everyone benefits .
and newspapers . This kind of disruption often occurs when new technologies rise up and replace the old ways of doing things . That ’ s one of the lessons of our series . Entrepreneurs and business leaders can survive an industry transformation – and prosper – if they have a clear understanding of what their purpose is and
what their customers ’ needs are . There ’ s more than one way to serve them . Today print is a very small part of the business of Forbes Media . We successfully navigated the change to digital and are thriving based on the explosion of content offered online , in addition to expanding other products and services .
Grill-Goodman : How do you see publishing as a business model evolving ? Forbes : Traditional print publishing was devastated by the internet , causing a drastic shrinkage in the size and number of magazines
Steve Forbes in the Forbes Media office , located in Jersey City , NJ .
CONGRATULATIONS
FINALISTS !
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