Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

TexasTowelie

(116,496 posts)
Sat May 25, 2019, 10:07 AM May 2019

Verizon stopped paying local N.J. taxes. Now, a powerful legislator wants to sock it to the company.

South Jersey Assemblyman John J. Burzichelli (D., Paulsboro) had just finished reading an Inquirer article on Hopewell Borough’s epic tax fight with Verizon Communications in late February when he ran into the borough’s mayor, Paul Anzano, in Washington.

“What can I do to help?” Burzichelli asked.

On Thursday, Burzichelli came through as he proposed legislation in Trenton that would force Verizon to pay local taxes on telephone poles, lines, land, and other equipment that the telecom giant has refused to fork over in an increasing number of New Jersey municipalities, starving them of tens of millions of dollars a year in tax revenue.

“People are starting to realize that they’re not alone with this,” Burzichelli, chair of the Assembly’s powerful Appropriations Committee, said Thursday. He said the bill’s prospects to pass are “very good.”

The proposed legislation not only forces Verizon, one of New Jersey’s biggest corporations, and other legacy phone companies to pay the business personal property tax, but they must pay it retroactively to 2009.

Read more: https://www.philly.com/business/verizon-phone-taxes-new-jersey-towns-20190524.html

1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Verizon stopped paying local N.J. taxes. Now, a powerful legislator wants to sock it to the company. (Original Post) TexasTowelie May 2019 OP
Curious as to the rationale as to why the Telco feels like it shouldn't pay these property taxes? nt SWBTATTReg May 2019 #1
Latest Discussions»Region Forums»New Jersey»Verizon stopped paying lo...