Laws of Unintended Consequences

Tax court Judge Harold Kuskin has ruled that ruled that the New Jersey Turnpike Authority owes the township of Holmdel $30 million all because the Authority privatized many of it's operations in 1997. Included in the privatization was selling alcohol, charging for parking, and charging sales tax on concert tickets, which Holmdel has argued, revoked the public purpose tax exemption of the Center. There was an excellent article
on this some days ago in Holmdel's local paper the Independent.

An interesting question is whether the State Taxpayers have to ante up or whether the operator, GSC Partners, has to pay.