Tag: credit

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

As EDA fight rages, new study finds Camden is New Jersey’s most dangerous city

CAMDEN, N.J. – The war over Economic Development Authority (EDA) tax credit oversight features the powerful Camden County Democrat Machine pitted against Governor Phil Murphy’s state-wide organization; the intra-party conflict is also shining a hard light on the well-being of Read More

N.J. Senator demands audit of Garden State Film Tax Credit

TRENTON, N.J. — Phil Murphy is making his business to enrich special interests with New Jersey taxpayers’ money, including Hollywood.  On Monday, state Senator Joe Pennacchio (R-26) disseminated a letter directed to the State Auditor seeking a “full evaluation” of the Read More

Murphy conditionally vetoes Hollywood tax credit; calls for urban N.J. reality TV show?

TRENTON, N.J. — A multi-million dollar tax credit package purportedly designed to generate film industry activity in New Jersey, passed both houses of the Democrat-controlled state legislature on April 12th, was vetoed by Governor Phil Murphy on Wednesday. Click here to view 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

ROONEY RANTS: Amazon tax credits represent everything that’s wrong with N.J. government

It’s a sorry pass when the only way to get anyone to do business in your state is to effectively bribe them across the bridges and tunnels, Save Jerseyans. What I’ve described is EXACTLY the current situation under the State House 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