State Sen. Vin Gopal (D-Long Branch) says he won’t support a tax on rental properties.
“The shore is central to New Jersey’s $44 billion tourism industry, drawing millions of visitors each summer,” said Gopal. “An added tax on shore rentals only serves as a deterrent to vacationers, who could easily choose another state in which to spend their summer. Without a healthy and viable tourism industry, countless shore communities will collapse. Family businesses will go under, beach revenues will dry up and innumerable jobs will be jeopardized.”
Gopal says that it’s possible to advance a balanced budget without a rental tax.
“Putting New Jersey’s vital tourism industry on the line is unacceptable. I strongly oppose this proposed shore rental tax and urge my fellow legislators to join me in standing against increased taxes, Gopal said. “We need to focus on developing creative and innovative methods of achieving our budgetary goals, rather than alienating vacationers.”