Category: Corporate Welfare

ROONEY: Miss America’s departure proves tax dollar giveaways can’t save A.C.

ATLANTIC CITY, N.J. – The Miss America Pageant pocketed $12 million over three years courtesy of New Jersey taxpayers. Now the pageant which was born in Atlantic City is leaving (again), this time for Connecticut. Save Jersey‘s Matt Rooney was Read More

Murphy’s task force drops initial EDA tax incentive report

TRENTON, N.J. – Shortly after a Superior Court judge denied the request of George Norcross III to bar its release, the Murphy Administration’s Task Force on EDA Tax Incentives released its initial report. “The task force’s investigation to date has Read More

Murphy had no problem with tax breaks when it was Amazon’s turn

By Matt Rooney _ I’m old enough to remember when Phil Murphy loved tax incentives, Save Jerseyans. Just last year? The Democrat governor and Goldman Sachs alum was ready to fork over billions in tax breaks to one of the Read More

Pennacchio: Trump is right to threaten GM’s taxpayer subsidies

PARSIPPANY, N.J. — Grim news of plant closures from General Motors elicited angry Twitter responses from President Donald Trump on Tuesday, Wednesday and Thursday, and one veteran New Jersey legislators thinks the President’s wrath is justified. On Wednesday, Senator Joe Pennacchio Read More

THAT’S A WRAP: Hollywood Tax Credit Could Be A Big Loser For N.J. Taxpayers

By Matt Rooney _ A multi-million dollar, a tax credit package designed to lure the film industry to New Jersey for new projects, passed both houses of the state legislature on April 12th with token opposition. It’s unclear whether Murphy Read More

Trenton’s New Hollywood Giveaway: $85 Million

TRENTON, N.J. – The Assembly Appropriations Committee is preparing to consider A-1038, Save Jerseyans, an $85 million tax credit package designed to lure new film and digital industry to New Jersey. Americans for Prosperity-New Jersey (AFP-NJ) says it’s a “poor return Read More

OPEN LETTER: Say “No” to Trenton’s $75 million Hollywood handout

Note: This letter was originally directed to Chairman Paul Sarlo and and the other members of the N.J. Senate Budget & Appropriations Committee. _ Dear Chairman Sarlo and Members of the Senate Budget & Appropriations Committee: On behalf of 3.2 Read More

As Amazon HQ contest continues, AFP pushes back against Christie’s “corporate handouts”

New Jersey’s multi-billion dollar flirtation with Amazon and its new second North American headquarters is making national headlines but also earning derision from critics of the Christie Administration’s jobs creation tactics. On Tuesday, Americans for Prosperity-New Jersey (AFP-NJ) hit back at Read More