Chris Christie vetoed a bill that would have imposed sales & use taxes as well as occupancy fees that hotels pay onto online rental sites like Airbnb.
In a statement Christie said:
As I have said many times before, I strongly believe that levying new taxes on our already overtaxed residents is not the answer to the state's fiscal challenges. The tax increase proposed in this bill would not only impact New Jersey property owners who have -- for generations -- made their homes available for short-term rentals, but would also disproportionally increase the cost of visiting New Jersey Shore towns and other tourist destinations.
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