Almost Reality: NJ’s New Tax IncentivesSeptember 13, 2013 – In The News
Robert Klausner was featured in the Globe St.com article “Almost Reality: NJ’s New Tax Incentives.” While the full text can be found on Globe St.com, a synopsis is noted below.
The New Jersey Economic Opportunity Act was sent to Governor Christopher Christie on Thursday and it is expected to be signed promptly. The bill integrates five current incentive programs into two, each focusing on supporting development that creates or maintains jobs in the state.
According to Klausner, New Jersey has a reputation of being an “over-regulated” state. He said that this new program is “an aggressive initiative by New Jersey to promote job creation and spur redevelopment in the State’s urban centers, suburban office parks and even assist areas that have been impacted by Hurricane Sandy.”