Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

NJ gives NFL super tax break for Super Bowl, and pays for security

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Ted Sherman
The Star-Ledger 
February 2, 2014

Call it an $8 million gift.

When New Jersey landed this year’s Super Bowl, it gave the National Football League a major tax break. The state agreed to suspend the sales tax on all tickets and parking for today’s big game — a gift that will cost the state $8 million in lost revenues, officials said.

And that’s not the only cost the state is picking up.

All the security and police presence needed for the game — including the estimated 700 New Jersey state troopers who will be patrolling in and around MetLife Stadium today — will also not cost the NFL a dime. The state said it is covering all of its public safety expenses for the game, which is expected to include hundreds of hours in overtime.

Officials say the cost of the game is worth it, pointing to the additional business and economic activity that will be generated by the game, including sales at local restaurants and bars, as well as increased hotel taxes. However, with an event straddling two states, and many fans staying across the river in New York, no one can yet calculate the economic impact on New Jersey of staging the Super Bowl in the Garden State.

Full article here

This article was posted: Sunday, February 2, 2014 at 8:58 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
Doctors: Ebola Mutation Presents Nightmare Scenario See the rest on the Alex Jones YouTube channel.

Another Way Background Checks Infringe 2nd Amendment See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.