The original 1978 Casino Act that politically castrated the casino industry in NJ is a big part of what killed Atlantic City.??? The people who paid 80% of the taxes had zero voice on how that money was spent.??? Politicians then forced casinos to stuff Atlantic City with low income housing that didn’t pay real estate taxes.?? Atlantic City shows what happens when there is “taxation without representation” and “representation without taxation”.?? It is just the opposite in Nevada.? Nevada casinos are very active in politics.
Atlantic County Assemblyman Vince Mazzeo (D) admitted that his proposed law declaring casinos “blighted areas” to give them 10 year tax break was written by Casino Association lobbyists. One partner is Jeff Michaels, boyhood friend of Gov. Christie (R), former legislator and chief of staff to former Acting Gov. Donald DiFrancesco (R), and brother of Port Authority Police Lt. “Chip” Michaels of George Washington Bridge mess.
Posted by Seth Grossman