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Report: N.J. tax breaks $2.5B, yet economy lags

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Report: N.J. tax breaks $2.5B, yet economy lags

New Jersey has provided more corporate tax breaks in the past three years than it did in the last 10, but the state’s economy still continues to lag, according to a report released on Monday.

The state has awarded $2.1 billion in subsidies — compared to $1.25 billion for the previous 10 years, since Gov. Chris Christie took office in 2010, according to a report by New Jersey Policy Perspective, the liberal think tank. (Jordan/APP)

https://www.app.com/article/20130401/NJNEWS/304010091/Report-N-J-tax-breaks-2-5B-yet-economy-lags

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