Jersey City council votes to take away — yes, take away — a tax break

Posted by Stringer on 2019/1/10 14:03:47

Jersey City council votes to take away — yes, take away — a tax break

JERSEY CITY — Jersey City’s council did something stunning on Wednesday. It took away a tax break from a Downtown real estate developer.

Under its last two mayors, the city has approved tax abatements for nearly every developer who asked for one, unless they are related to President Trump. But Mayor Steve Fulop, who asked the council to rescind the tax break, characterized the move as a fulfillment of his 2013 promise to curtail tax long-term abatements.

https://www.nj.com/hudson/2019/01/jers ... ake-away-a-tax-break.html


This Post was from: http://jclist.com/modules/newbb/viewtopic.php?post_id=435478