How true. Isn't it peculiar how the developers that are knocking themselves out to build luxury condos here always cry broke? Then they renegotiate their tax abatements and the city rolls over and plays dead. Do we really believe they are broke? Of course not. They will not pick up their toys and leave when so many from NYC are hot to live (or at least sleep at night) more cheaply here. Get some backbone politicians and stop putting things off on the little guy who can't afford PR men, high priced lawyers, and sizeable campaign contributions. And, btw, we actually have to pay our property taxes/water bills on time or we will suffer the consequences.

Taxes pay for services, police, fire, schools, etc. Tax abatements just shift who will pay and who will get a free ride. That is why we should do away with land taxes and have an income tax.
Yvonne

Wed. Jan. 28 6:30 PM --- Saint Paul's Lutheran, 440 Hoboken Ave., JC...

New Jersey Policy Perspectives (a progressive Think Tank and Research Foundation), is releasing there report on Jersey City Tax Abatement policy and its impact on our community. This informative and important event is sponsored by the Garden State Alliance for a New Economy (GANE), a coalition of progressive labor unions, community organization and faith based organizations under the nation wide umbrella of The Working Families Coalition.