oh, I like this... let's move jobs to NJ!!!

[yulga]

Originally Posted by babo111

Companies in NYC were already moving some jobs in certain sectors like IT off to other states or across the river to us in NJ anyway. Lot of banks already shifted IT jobs to NJ and more IT jobs open up in NJ compared to NYC.

exactly! I guess NJ commuters would be off going to Jersey City than commuting to downtown Brooklyn or Long Island City

[AnesthesiaMD]

Originally Posted by EBWick

Fortune 100 firms are broke now, huh? Well, Citigroup is actually broke and should be dismantled but that's another story.

More money out of taxpayers' pockets because half or more of these people will be NY residents taking the PATH to NJ. So maybe they'll spend money on lunch and a few drinks after work. WHAT A WIN-WIN!

Thanks for being pragmatic.

So what. So let's say you are right and it's only 200 NJ workers. So what? If you bring in 20 companies and only get half their jobs, that's still a lot of jobs that weren't here before. That's a lot of NJ citizens that can now put food on the table, who could not before the companies moved here. Do you think any of those people, with their newfound jobs really care if it is fair and just that the "evil corporations" are not paying corporate tax?

[manderly6]

I'm having a hard time with the concept that giving these tax breaks is somehow taking money out of other taxpayers pocket.

If a company moves out of NJ or doesn't move in to NJ then NJ gets absolutely nothing. If that company stays in NJ or comes to NJ as long as it generates even a small amount of taxes for NJ isn't that better than the alternative of nothing?