Secaucus-based Goya awarded $80M tax incentive to move operations to Jersey City

Secaucus-based Goya awarded $80M tax incentive package to move operations to Jersey City –

Instead of having a coherent tax policy to encourage capital investment in New Jersey, the state has to go one by one, plugging holes with money in a race against time to retain companies here. It is a commendable effort but cumbersome, costly, and at times it fails to sway companies which have already made a decision to leave New Jersey.

And the Christie administration may be losing that battle. New Jersey lost 16,000 private sector jobs last month alone.