Lawmakers have introduced a bill that would give a tax break to A-list performers who would commit to playing at least four shows in AC.


The bill has already cleared a legislative panel. According to NJ.Com,

 “A-list performing artists” who hold to at least four shows in Atlantic City’s tourism district would not have to pay state income taxes on earnings from those performances or any others in New Jersey during the same calendar year if the bill (S2721) wins final approval. Lawmakers backing the legislation said it would provide a economic boost to struggling Atlantic City, pointing to the economic impact of extended residencies by artists like Britney Spears have had in Las Vegas."

The bill would also branch out to musicians, singers, dancers, actors, comics, athletic and sports competitors. The criteria for determining who would be eligible for the tax break would be  record sales, ticket sales and awards. The secretary of state would make the final decision on which artists would qualify for the tax break.

Do you think this would help Atlantic City if this bill is passed?

 

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