December 18, 2020

The American Prospect: Can Corporate Tax Incentives Revive a Pandemic Economy? New Jersey Thinks They Can.

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“New Jersey has really been an exemplar this year in positive progressive tax policies, with their millionaire’s tax and extension of the Earned Income Tax Credit—which are really the best ways of raising money from the people who are making money right now and delivering aid to the people who need aid right now,” said Dylan Grundman O’Neill, senior state policy analyst at the Institute on Taxation and Economic Policy. “So this big corporate subsidy package really seems to fly in the face of that and walk back a lot of the progress that they’ve made this year.”

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