Josh Gottheimer proposes 25% tax credit for New Jersey-branded products
Updated
Updated · Fox News · May 6
Josh Gottheimer proposes 25% tax credit for New Jersey-branded products
8 articles · Updated · Fox News · May 6
The bill targets sales in airports, train stations and rest stops ahead of eight World Cup matches at MetLife Stadium in two months.
Gottheimer said the measure would help small businesses, jobs and tourism while challenging the prevalence of "I Love NY" merchandise in New Jersey travel hubs.
The proposal comes as New York and New Jersey officials warn World Cup crowds will strain transport, with NJ Transit capping Penn Station-MetLife round-trip tickets at 40,000 per game.
Will New Jersey's $150 train fare and strict transit rules deter fans and reduce the economic boost expected from the World Cup?
How will local businesses and commuters truly benefit from the 'Jersey Pride Tax Credit' and priority retail space during the World Cup?
Could the focus on New Jersey branding in transportation hubs change long-term perceptions of the state, or is it just a short-term World Cup strategy?