Against the backdrop of an election weekend — and one week before the federal holiday honoring the nation’s military veterans — parade attendees said they are looking for elected officials to pay more attention to the health needs of veterans.
The scope or subjects of the investigations into the L3 transaction aren’t yet clear; a state task force has said businesses or their principals could face charges of fraud or other crimes if they misled the state to get tax credits.
Amid the ongoing controversy over the state’s economic development programs, the so-called “phantom tax” has come under scrutiny from policy experts and a special task force appointed by Gov. Phil Murphy.
The controversy over the incentives has dominated headlines since the spring, after Gov. Phil Murphy created a task force to investigate the program, and the state’s top prosecutor opened his own review. The inquiry by agents and prosecutors in Philadelphia would appear to open a new front.
New Jersey pays businesses twice the national average to create a job: about $66,000 per job, compared to a national average of $33,000 per job, according to Timothy J. Bartik, one of the country’s leading researchers in regional economic development.
Philadelphia International Airport’s low-cost operating environment serves as an “optimal” testing ground for American, says vice president of network planning Vasu Raja, as the airline grows Philly as its trans-Atlantic hub.