HOBOKEN, MJ-About a dozen protesters assembled on the waterfront here on Thursday to argue against what could be up to $82 million in tax breaks to Pearson Education for its move from Upper Saddle River to Hoboken.
The protesters held a four-foot long mock $66 million check in the amount the company would receive if it did not create one single job in the corporate office relocation. The firm could net another $16 million in tax breaks if it creates another 200 jobs in Hoboken, according to The Record.
Bill Holland, director of the Working Families Alliance, a Newark-based non-profit organization says the corporate incentives could be used on education, transportation or other programs that suffered budget cuts from Gov. Christie.
"Over and over again, Governor Christie has given massive corporate subsidies to companies, while failing to impact New Jersey's 8.7% unemployment rate," Holland says.
Christie campaign spokesman Kevin Roberts responds, "This is just more partisan politics from an agenda-driven group. This group has reflexively opposed Governor Christie in every bipartisan reform he's fought for." See story in The Record.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
