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Milam, Albano & Burzichelli Bill to Encourage Out-of-State Tourism Via Tax Reform Continues Advancing
(TRENTON) – Legislation Assemblymen Matthew W. Milam, Nelson Albano and John Burzichelli sponsored to encourage bus companies to continue taking passengers to Atlantic City and other New Jersey tourism locales continues advancing.
The bill (A-1887) would prohibit the imposition of the corporation business tax on out-of-state corporations whose only contact with New Jersey is carrying passengers into the state in a motor vehicle or bus to a destination in the state, and the return of those passengers to a location outside the state.
“We all know this difficult economy has been tough on our tourism industry, and applying corporate business taxes to companies doing nothing more than brining tourists into our state makes no sense at all,” said Milam (D-Cumberland/Cape May/Atlantic). “We should be encouraging out-of-state companies to bring people into our state, not taxing them for doing so..."
To read more, please visit the New Jersey General Assembly Democratic Office Web site.
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"Gov. Chris Christie says he won’t campaign for the Republican gubernatorial candidate in New York because the cause is hopeless: Gov. Andrew Cuomo is ahead by more than 30 points. But he will campaign in New Hampshire, over and over, where the Republican is also trailing by more than 30 points. What’s the reason? It may be that New Hampshire holds the nation’s first presidential primary. It may be that he doesn’t want to mess with Cuomo, who knows where the skeletons are buried at the Port Authority. But one thing is certain: Gov. Straight Talk is spinning again. And it seems to be habit-forming." - columnist Tom Moran- Star-Ledger
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