By Matt Rooney | The Save Jersey Blog
Atlantic City doesn’t get much good press these days, Save Jerseyans, but for a second year in a row, its beach concerts have set attendance records.
Maroon 5 drew 50,000 on Sunday:
https://www.facebook.com/photo.php?fbid=10155966127910252&set=a.72918210251.147193.774415251&type=1&theater
Our friend Senate Republican Leader Tom Kean seized on the weekend’s extraordinary attendance to push S-2721, first introduced in January 2015, a bill designed to draw more top performers to the Boardwalk Empire by awarding state tax credit when they perform at a New Jersey venue (anywhere in the state).
Kean pointed out how Las Vegas, where they’re tripping over A-Listers, has no state income tax and is seeing its economy grow by leaps and bounds.
“The extraordinary attendance and revenue figures from Sunday’s Maroon 5 concert proves that we should immediately pass S-2721 that would repeatedly and consistently draw A-List performers to New Jersey,” he explained. “The more than 50,000 fans who paid to see A-List performer Maroon 5 give us a glimpse of how Atlantic City can transform into a premier entertainment destination, drawing tourists from the most-densely populated northeast corridor; two of America’s largest cities that are less than two hours away; and from around the world via nearby international airports. With S-2721, Sunday’s results wouldn’t be an exception. They would be the rule.”
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Terrible idea. No more tax credits. We need lower taxes a simpler tax system and less regulation. Each tax credit however well meaning just means someone is getting a special deal that the rest of us pay for. Every town, every business and every student needs to be treated exactly the same.
I want a tax credit too. I will perform and do cartwheels on the boardwalk. Where do i sign up. More crony capitalism.
Isn’t this proof that the credit is absolutely unnecessary?