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Christine Lui Chen

D
Policy Positions

Chen's campaign website highlights the following issues:
Combating New Jersey’s highest property taxes in the nation:

I propose a multi-part solution to lower property taxes:

1) Reduce expenses by leveraging shared services across municipalities. The state has 565 distinct municipalities and even more school districts which leads to inefficient layers of administrators and support staff that are often doing similar jobs in close proximity.
2) As a small business leader, I've seen first-hand that NJ is not competitive for new businesses. I propose small business incubators and microloan programs to keep NJ run by New Jerseyans. New businesses would generate new revenue which lowers property taxes.
3) Evaluate shifting state and local tax revenue reliance on property taxes to be more in line with other states. NJ is overly dependent on property taxes with 48% of state & local revenues coming from property taxes compared with the U.S. average of 33%.

Addressing our biggest financial crisis, the state's pension:

Cut back on hedge fund investments and make sure our pension is invested wisely, at lower cost. In 2015, $728 million was paid in fees and bonuses to Wall Street firms to manage less than a third of pension investments.

Holding down discretionary spending and implementing a shared-service model for financial management across government.

Use of digital technology to streamline operations, improve services and democratize access so that state and municipal governments can be held accountable to budgets and spending.

Ending dark money, gerrymandering, and political corruption:

As a political-outsider, I will be a fierce proponent for reforming our political system in the following ways:
1) Fix our broken elections
2) Change how elections are funded
3) End secret money

Meeting our energy needs while protecting our environment:

Expanding solar energy programs to set NJ up to be a leader in solar production and job creation

Investing in clean energy storage

Increasing funding and providing market incentives for energy efficiency

Job training and small businesses to fuel job growth:

As a business leader, I've seen how legislation can kindle or kill innovation and job growth. NJ must be more competitive to attract entrepreneurs and small businesses to start and grow here. I propose leveraging best practices from Pennsylvania's Ben Franklin Technology Partnership which, in 2016 alone, supported 1412 companies, launched 446 products, and resulted in 1383 new jobs.