|
LOCAL POLITICIANS CALLING FOR A SALES TAX HOLIDAY |
|
Click here to watch the video of Vince and John with Senator Tom Keane discussing the benefits of a sales tax holiday.
EGG HARBOR TWP.--Some local politicians are calling for a sales tax holiday. Senator Tom Kean, Jr., along with Assemblymen John Amodeo and Vince Polistina, are calling for a sales tax holiday. They say it would cut the sales tax from 7% to 3 ½%. In urban enterprise zones it would go from 3 ½% to 1.75%. They say, much like the cash for clunkers program, it would spur additional purchases to increase revenue, "I think we can use that type of model where that is a partnership that creates incentives and in the end makes sure people are employed and make sure the state is more affordable," said Senator Kean. The republicans had a similar sales tax holiday proposal last year, but it was never adopted. |