Christie Vetos Jersey Shore’s $420,000 Tax Credit
Ongoing Questions About Value of Tax Credit Program are Underscored by Award to TV Series of Dubious Value to State
Trenton, NJ – Governor Chris Christie today vetoed the Economic Development Authority’s (EDA) award of $420,000 in film tax credits to the Jersey Shore television program, citing New Jersey’s difficult fiscal climate and the need to direct limited state resources to programs and projects that actually benefit the state.
In his veto letter to the EDA, which he signed today, Governor Christie noted his long held, serious concerns about the limited value and return on the cost of the New Jersey Film Tax Credit Transfer Program, which was the basis for his veto of legislation earlier this year to “grossly expand” the program.
“We must ensure that our limited taxpayer dollars are spent on programs and projects that best benefit the State of New Jersey,” Governor Christie said. “I have no interest in policing the content of such projects; however, as Chief Executive I am duty-bound to ensure that taxpayers are not footing a $420,000 bill for a project which does nothing more than perpetuate misconceptions about the State and its citizens.”
The Governor also noted the contradictions coming from legislative supporters of the program who complained about EDA’s award of the tax credit to Jersey Shore just days before their most recent legislative action to expand funding.
“Legislators who championed the Program’s original legislation, and who later sponsored legislation to expand it, must surely have appreciated the consequences of their actions. The tax credit to Jersey Shore illustrates the potential for wasteful spending inherent in the implementation of the Program,” the Governor wrote in the veto letter.
“For such legislators to now complain of its implementation with respect to Jersey Shore is, at best, mystifying.”
Governor Christie concluded by noting that while it appeared “that the EDA felt compelled” to include Jersey Shore in the Program, “I am not so constrained” and vetoed the $420,000 tax credit award.
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they’ll film the thing in Canada, or a state that wants more film-industry jobs to locate there.. they’ve already done Florida, and, (I don’t watch it), wasn’t it also in Italy?..one can still be “orange” and misbehave in a place where it’s cheaper to film, easier than here in their home state, I suppose..one would think that,economically, losing the tax credit would be made up for in the film people staying here, spending money here, etc., rather than in another location.. kind of like not approving the video slots at the racetracks, and possibly killing our equine industry, huh?.. “Trenton makes, the world takes,” has been a misnomer-slogan for longer than most of us can remember- we don’t seem to make or attract ANY businessess to NJ any more- but, hey, let the taxpayers make up the difference, right?..brilliant!?..
@”a place where it’s cheaper to film, easier than here in their home state”
Except the New Jersey isn’t the “home state” for most of the cast. They are basically from Staten Island, except for the minority from places like Manalapan.
Did the governor sign his veto message while he was in Missouri? That is where is today, along with his NJ State Police security detail. The governor was out of the state raising money for partisan, political purposes. He will be doing that all week. The NJSP Troopers sent to protect Governor Christie will traveling with airline tickets paid for by the taxpayers of New Jersey. Those same Troopers will sleep in hotels paid for by the taxpayers of New Jersey. (I wonder if these are $400 a night hotel rooms? I know the governor likes nice hotels.) In addition those Troopers will have their meals and all their other travel-related expenses paid for by — you guessed it — the taxpayers of New Jersey.
Tell me again, Governor Christie, that “We must ensure that our limited taxpayer dollars are spent on programs and projects that best benefit the State of New Jersey.”
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Hey so, why should film mindustry get tax credits instead of telecom companies or Ice cream manugacturers or dentists or Ice cream stores or recycling companies (like jersey shore they deal with trash) or any other business. Ihave got a better idea how about loiwer taxes for all. The government should not be in the business of favoring one type of business over another.
Here we are wanting to give a tax credit to jersey shore but the state stopped a naturual gas port facility which would have created thousands of permanant jobs. (yes Christie vetoed it and yes he should not have). That would have created more jobs and less pollution then Jersey Shore with out a tax credit.
I bet you and pancho are a couple of liberal dems who opposed that. Didn’t you?
anyone’s philosophy, you do not know what you’re talking about!.. happen to be a conservative who wants this governor to pay more attention to his position here, (rather than playing coy about higher office, and tromping all over the country, for whatever publicity it gets him, personally): and make good on a campaign promise, to make this over-regulated and over-taxed NJ “more business-friendly,again”, which includes tax credits for MANY business types, including the film industry, which was this article’s topic, for heaven’s sake!..do you not understand that film industry people need places to stay, will buy things, and will add positively to our economy, whether we like one particular show,or not?.. where are most of the HGTV shows, for example,and,many movies shot?.. in Canada, because it’s cheaper to make them there, is the point!..I happen to believe this Gov.’s veto of this show’s tax credit was done for himself, purely politically, and am entitled to that opinion!..I’m for drilling, manufacturing, construction, high-tech, pharmaceuticals, ANY industry getting a break, in order to locate here or expand their business, and create real, private-sector jobs, here, OK??
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