N.J. businesses that survived Sandy may have to foot tab, economists say
(MCT) — TRENTON, N.J. — Owners whose businesses survived Superstorm Sandy unscathed may have thought they got lucky but are likely to end up paying some of the storm’s economic costs, a group of economists said Tuesday.
Among the many ways that New Jersey’s climb out of the Great Recession will be slowed by its climb out of Sandy’s devastation, a group of state Treasury staff and economists agreed that property-tax payers who weathered the storm may have to pick up the financial slack for those who didn’t.
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