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IPFS News Link • TAXES: State

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

• http://www.prisonplanet.com, Ted Sherman
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.
 

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