Gusciora: Don’t Rush into an Atlantic City Bailout

(TRENTON) — Assemblyman Reed Gusciora (D-Mercer) had the following published recently in The Record:

“Are state taxpayers expected to pick up the tab for the tax appeals under the bailouts? And more important, if we are making casinos whole, what about the average homeowner? Should state taxpayers pay their tax refunds as well?

“This is especially so since Atlantic City casinos failed to reinvest in this gambler’s paradise, and as other nearby states have opened their doors to casinos, that financial success unfortunately dried up. Cheaper flights also took many other tourists out west to Las Vegas, where newer and bigger attractions caused our once-thriving city to shrink…”

To read the rest of Assemblyman Gusciora’s op-ed, click here.