Assemblyman Brian Bergen called for a series of measures meant to provide economic relief to businesses struggling amidst the COVID-19 crisis.
“If we don’t help businesses stay afloat, job losses will proliferate,” Bergen said. “The problem now facing many employers, particularly smaller ones, is that they do not have the cash flows to keep sending out paychecks.”
The first-term assemblyman proposed letting businesses keep first-quarter sales tax payments and waive fees and interest on late tax filings, among other measures.
He also proposed tax credits for businesses who continue to pay employees that are not working during the crisis.
“We need to do everything in our power to make sure New Jerseyans remain whole. It is our duty,” Bergen said. “This is a time for action not talk. Our legislature has the power to provide relief and we should be doing so immediately, with an emergency session if necessary.”