When the state Senate returns to Trenton for a voting session later this month it will consider a proposal that could end up providing a big tax break to those planning to buy a boat in New Jersey.
Proposal would harm New Jersey’s budget, its low-income residents and its economy while reversing the progress the state has made in recent years thanks to the Medicaid expansion.
In the latest misguided effort to turn around struggling Atlantic City, some New Jersey legislators are proposing to give so-called “A-List” entertainers very big tax breaks if they perform in the city at least four times a year.
Since the recession began in December 2007, New Jersey has approved a whopping $6.4 billion in corporate tax subsidies and cut business taxes by $2.3 billion in an effort to grow the economy.
Congrats are in order – and what better way to celebrate than by reading some of Brandon’s recent work on earned sick days and the minimum wage?