New Jersey Business & Industry Association President & CEO Michele N. Siekerka, Esq. issued the following statement regarding Governor Murphy’s update on New Jersey’s tax incentive program.
“We must remember that it is because of New Jersey’s extremely high cost of doing business that tax incentives are so critical in the first place. As the governor noted today, there have been many good actors in the business community who have worked diligently to meet program requirements. They have created capital investment and jobs in New Jersey that, in many cases, would have gone elsewhere without these incentives.