The New York Times has reported extensively
on possible corruption within the New Jersey Economic Development Authority. The agency’s corporate welfare schemes take money from you and give it to well-connected businesses. They are supposed to use the handouts to grow their businesses and employ more New Jerseyans, but that isn’t happening.
In short, corporate welfare has failed New Jersey. But lawmakers now have an opportunity to do something about it.
The governor is interested in reviewing these programs and reigning them in. A task force is investigating and has referred evidence to federal prosecutors for possible criminal charges.
Even when it isn’t under investigation by the New York Times, corporate welfare is bad news for taxpayers. We shouldn’t be on the hook for giveaways to a select few, politically-connected businesses. All businesses should compete on a level playing field, and taxpayers should keep more of their hard-earned money.
Join us in opposing corporate welfare and send an email to lawmakers today!