The New Jersey Assembly on Thursday passed several bills to combat the revenue shortfalls plaguing the state’s finances and scrutinize corporate tax breaks.
As the U.S. Supreme Court prepares for oral argument in the King v. Burwell case, consumers, employers and health care advocates from around New Jersey gathered at the Statehouse to highlight the success of the Affordable Care Act and the potential impact the King case could have on our state.
New Jersey has recovered just 64 percent of the jobs it lost in the Great Recession.
New Jersey cannot meet its current obligations like pensions and health benefits, is looking at a bankrupt Transportation Trust Fund and has slashed property tax rebates and credits. We simply can’t continue to give away business subsidies without any evidence about the results.
On Tuesday night, NJTV News took a look at questions surrounding many of the generous business tax subsidies that have gone to Camden projects in the past year and a half.