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New Jersey Business Leader Deplores 'Mistruths' Over Tax Breaks

Norcross Defends Incentives, Says They Revived Struggling City of Camden
George E. Norcross III, a New Jersey businessman and Democratic power broker, testified Monday in Trenton at a state Senate committee hearing. (Linda Moss/CoStar)
George E. Norcross III, a New Jersey businessman and Democratic power broker, testified Monday in Trenton at a state Senate committee hearing. (Linda Moss/CoStar)
CoStar News
November 18, 2019 | 10:54 P.M.

In a state that's been ground zero for the ongoing national debate over corporate tax incentives, a prominent New Jersey businessman who's also an area power broker denied allegations that his company and others tied to him were improperly awarded more than $1 billion in tax breaks to come to Camden, once known as the poorest and most dangerous U.S. city.

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