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Links Roundup: New Jersey

June 12, 2014

New Jersey’s Surge in Business Tax Subsidies Reaches New Heights

New Jersey has awarded more than $4 billion in tax subsidies and credits to businesses this decade in a largely unsuccessful attempt to spur economic activity and boost the state’s crawl out of the Great Recession. As the total amount of subsidies has boomed, so has the cost of deals with individual companies, with a sharp increase in those worth more than $100 million.

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