New Jersey Puts $578 Million In Controversial Tax Breaks
A dozen companies that won tax breaks from New Jersey are under investigation, according to a task force created by Gov. Phil Murphy. Several companies are tied to George Norcross. WNYC and ProPublica investigated tax breaks in 2019.
Jul 13, 2020, Monday
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N.j. Task Force Report Slams George Norcross’ Testimony On Tax Credit Awards
Investigators outlined more evidence of flaws in the state's multi-billion-dollar tax incentive programs for businesses.
Dec 17, 2019, Tuesday
Nov 22, 2019, Friday
Norcross stars, turmoil erupts at Senate tax break hearing - NJBIZ
The controversy over New Jersey’s tax incentives came to a head on Nov. 18, when South Jersey political power broker George Norcross III – a central fixture of the debate – appeared before lawmakers to refute allegations leveled by a task force Gov. Phil Murphy appointed to investigate the programs. But New Jersey Working Families Executive ...
Nov 18, 2019, Monday
Norcross speaks: Swats at task force, media 'mistruths' on Camden tax breaks - NJBIZ
At a meeting of the Senate Select Committee on Economic Growth Strategies in Trenton on Monday, political powerbroker George Norcross spoke for the first time publicly about the nearly year-long investigation into New Jersey's, now-expired, corporate incentive programs.
Oct 18, 2019, Friday
Oct 17, 2019, Thursday
Task force: Real estate firm hid tax break application docs from EDA (updated) - NJBIZ
CBRE found itself at the center of the state’s ongoing look into its corporate incentive program for allegedly helping the recipient of a $2.4 million award provide information about where out of state it would move, despite no serious plans to follow through.
Company got $2.4M in tax breaks to come to N.J., with bogus claim of planned N.Y. move - nj.com
The disclosure was just the latest outrage focusing on the failures of the EDA to properly review billions in New Jersey tax incentives.
Oct 03, 2019, Thursday
How a Politically Powerful Family Muscled a Nonprofit Out of Some of a City’s Most Valuable Land — ProPublica
Tax breaks were supposed to lead to a rebirth for one state’s poorest city. But the city has also been reshaped by the rich and influential Norcross family in ways that benefit it and its allies.
Sep 24, 2019, Tuesday
Aug 23, 2019, Friday
State Tax Breaks Rewarded Companies Connected to One Powerful Man. The Governor Just Killed Them — for Now. — ProPublica
New Jersey Gov. Phil Murphy vetoed the state’s controversial tax incentive program after a WNYC-ProPublica investigation into its connection to George E. Norcross III, and months of scrutiny.
Jul 02, 2019, Tuesday
Meet the Congressman Defending Questionable Tax Breaks for a Company Connected to His Rich Brother — ProPublica
After multiple issues have surfaced with Holtec International’s New Jersey tax break application, Rep. Donald Norcross, its biggest congressional supporter (and the brother of a Holtec board member) is playing defense.
Jun 26, 2019, Wednesday
A Huge Tax Break Went to a Politically Connected Company in New Jersey Despite Red Flags — ProPublica
Holtec International told New Jersey regulators that Ohio was competing for its new headquarters. But officials there stripped the firm of past tax awards for failing to create the jobs it promised.
Jun 18, 2019, Tuesday
More Instances of Fraud and Mismanagement Over New Jersey Tax Incentives Surface in New Report — ProPublica
A hospital connected to New Jersey political boss George E. Norcross III lied to win state tax breaks, a new special task force report says. The report details several other new pieces of evidence of Norcross’ influence over the tax incentive program.
May 23, 2019, Thursday
A False Answer, A Big Political Connection And $260 Million In Tax Breaks — Propublica
Holtec International gave a false answer in a 2014 New Jersey tax break application connected to political boss George E. Norcross III, a Holtec board member. Five days after WNYC and ProPublica asked about it, lawyers called it “inadvertent” and asked the state to correct it.
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