According to a 2016 report by Rutgers University’s Edward J. Bloustein School of Planning and Public Policy, the federal historic tax credit cost the U.S. Treasury $25.2 billion and generated $29.8 billion in taxes since the program’s inception in 1978. The report says that in 2016, the program created 109,000 jobs and generated a combined $1.7 billion in taxes from the local, state and federal levels.
Gov. Murphy Lectures in Roseman’s Class
Governor Phil Murphy joined former Chief Speechwriter Derek Roseman's Political Communications for Public Policy class at the Bloustein School on April 2nd. Photos via X.com and Julia Sass Rubin.