Several New Jersey employers are livid over Gov. Chris Christie’s decision to end the Pennsylvania/New Jersey Reciprocal Income Tax Agreement that’s been in place for nearly 40 years.
With thousands of residents in each state poised to have their tax burdens increase, The Philadelphia Inquirer has reported that employers on the New Jersey side of the Delaware River are debating whether they should put some million-dollar projects on hold.
Subaru of America president Thomas Doll said he was “blindsided” and “very disappointed” by the Republican governor’s decision. Subaru is now re-evaluating the decision to build its national training center in Camden.
Campbell Soup officials said they strongly supported the reciprocity agreement. The 1977 deal allowed residents of both states to pay income taxes where they live, not where they work.