NJ Citizen Action has called on state lawmakers to oppose two bills, A6298/S2505 and A6306/S5031, which the organization says would provide large tax breaks to corporations. In a statement released today, Dena Mottola Jaborska, Executive Director of NJ Citizen Action, criticized the proposed legislation.
“It’s unconscionable that our state’s elected leaders are making even more massive tax breaks possible for big corporations when New Jersey’s families are drowning in a nationwide affordability crisis. We’re told time and again there’s no money to invest in childcare, or to assist families with runaway healthcare costs. But our elected officials seem perfectly happy to gamble on less transparency for corporations, and that more tax break benefits will trickle down to working families. This hasn’t worked for decades, and won’t now.
“The incoming Sherrill administration has enough challenges to contend with. Our state government shouldn’t be starved of revenue that can be invested in New Jersey residents just to keep wealthy shareholders happy. We urge our entire Legislature to reject A6298/S2505 andA6306/S5031 and focus instead on policies and legislation that put working families first.”
The group argues that passing these bills could reduce available public funds for services such as childcare and healthcare support at a time when many residents face economic hardship.
