Thursday, December 1, 2011

Letter to the Star Ledger, December 1

The article “State’s corporate tax subsidies don’t pay off,” (Nov. 27) is absolutely correct in arguing that taxpayers pay a high price to generate a few jobs.

However, the author is wrong when she says the tax subsidies should be used instead to pay for more government.

If New Jersey is to make some headway in solving our unemployment crisis, it would be far better to lower all corporate taxes and lighten the regulatory burden on business.

It is no accident that New Jersey lagged behind in the past decade as years of Democratic administration policies exacted their toll.

David Shulman

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