Moving Forward<\/strong><\/h2>\nWhile Trump had the “good sense” (by his own account) to leave Atlantic City eight years ago, the city itself has struggled ever since. Decreasing gaming revenues and property values has created a shortfall in taxes being paid to the city, but Christie believes outlandish spending on the part of local government hasn’t been reigned in properly.<\/p>\n
The governor in his second term has threatened to veto any Atlantic City relief bill that comes to his desk that doesn’t also hand over fiscal responsibility to the state government.<\/p>\n
Christie is at odds with State Assembly Speaker Vincent Prieto (D), who wants to impose the PILOT (payment in lieu of taxes) program to allow struggling casinos to pay a fixed fee to the city, rather than taxes.<\/p>\n
Some sort of action must be taken.<\/p>\n
“If all you see are headlines that Atlantic City is out of money, people may draw a lot of wrong conclusions from that,” Christie explained. “It can affect tourism not only to Atlantic City but to all of south Jersey.”<\/p>\n","protected":false},"excerpt":{"rendered":"
Donald Trump spent more than 20 years in the Atlantic City casino business, employing thousands of local residents and generating millions in tax revenue for the state. Dating back to the early 1980s when he first entered the resort industry, Trump owned and operated three casinos on the Boardwalk in what was then considered the […]<\/p>\n","protected":false},"author":42,"featured_media":35004,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,18],"tags":[],"acf":[],"yoast_head":"\n
Donald Trump Atlantic City History Defended by New Jersey Governor Chris Christie<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n