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Classic Trenton : Murphy Agrees To Plan Worth $11 5 Billion In Corporate Tax Breaks

arrow Governor Murphy in the NJ state house in February 2020 Governor Murphy s Office New Jersey is on the verge of passing a new tax break program that could give away as much as $11.5 billion over the next six years.  A draft of the bill became public today, and it looks to have some of the same gifts to political insiders that doomed its predecessor.  Governor Phil Murphy announced that he and legislative leaders reached an agreement on a revamped tax incentive program last week and a draft of the bill became available today. “It’s got a lot that we should feel good about,” Murphy said. “It has caps. It’s got strong compliance standards. It does a lot for communities that have been hit hard by COVID.”

Yes we canna!

POLITICO Get the New Jersey Playbook newsletter Email Sign Up By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Presented by Uber Driver Stories This is how the fight to legalize weed ends. Not with a bang but a … scream. It probably wasn’t how state Sen. Nick Scutari (D-Union), after years of pushing cannabis legalization, envisioned the moment before it actually passed the Senate. First, it was over the phone. So that was anti-climactic. But it soon became memorable.

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