To: The New Jersey State House and The New Jersey State Senate
Stop Chris Christie's corporate giveaways!
Stop Gov. Christie from giving any more tax breaks to corporations until he proves they are delivering the jobs NJ needs.
Why is this important?
Over the last 5 years Governor Christie's Economic Development Authority has given $5.4 BILLION to the wealthiest and most politically connected .01 percent of New Jersey corporations – at a cost to our underfunded schools, our crumbling roads and bridges, and our state pension fund. Enough!
J.P. Morgan. Lockheed Martin. Prudential. Panasonic. Citibank – all of them have received tens of millions in public dollars from Chris Christie. In exchange for tax cuts, they are supposedly creating jobs. But we have no idea whether they are actually doing so, because Chris Christie has never even bothered to ask them, despite being required to by law. In many cases we know for a fact that corporations just moved jobs from town to town. The worst, like Citibank and Campbell’s Soup, took the tax breaks and laid people off anyway.
Here’s the worst part: every dollar doled out to Prudential is a dollar that can’t be spent fixing a bridge, paying a schoolteacher, or making college more affordable. While giving out billions in subsidies with one hand, Governor Christie has cut property tax credits for middle-class families and the Earned Income Tax Credit for people struggling on the brink with the other.
These reckless subsidies have skewed our state budgets out of balance and put the interests of NJ’s richest residents and corporations ahead of the rest. Enough is enough.
J.P. Morgan. Lockheed Martin. Prudential. Panasonic. Citibank – all of them have received tens of millions in public dollars from Chris Christie. In exchange for tax cuts, they are supposedly creating jobs. But we have no idea whether they are actually doing so, because Chris Christie has never even bothered to ask them, despite being required to by law. In many cases we know for a fact that corporations just moved jobs from town to town. The worst, like Citibank and Campbell’s Soup, took the tax breaks and laid people off anyway.
Here’s the worst part: every dollar doled out to Prudential is a dollar that can’t be spent fixing a bridge, paying a schoolteacher, or making college more affordable. While giving out billions in subsidies with one hand, Governor Christie has cut property tax credits for middle-class families and the Earned Income Tax Credit for people struggling on the brink with the other.
These reckless subsidies have skewed our state budgets out of balance and put the interests of NJ’s richest residents and corporations ahead of the rest. Enough is enough.