{"id":31232,"date":"2016-02-10T20:27:20","date_gmt":"2016-02-10T20:27:20","guid":{"rendered":"http:\/\/acprimetime.wpengine.com\/?p=31232"},"modified":"2016-02-10T21:17:06","modified_gmt":"2016-02-10T21:17:06","slug":"borgata-holding-back-atlantic-city-taxes","status":"publish","type":"post","link":"https:\/\/acprimetime.com\/borgata-holding-back-atlantic-city-taxes\/","title":{"rendered":"Borgata Holding Back Their Atlantic City Tax Bill"},"content":{"rendered":"<p>The City of Atlantic City has a love-hate relationship with The Borgata Casino Resort. We love that it\u00a0employs a whopping 5,803 jobs. That&#8217;s almost 25 percent of all casino jobs in AC.<\/p>\n<p>We hate that Borgata&#8217;s holding back $7.2 million in tax payments&#8230;. due now.\u00a0But can ya blame them?<\/p>\n<blockquote><p><strong>Atlantic City owes Borgata more than $170 million in successful tax appeals. They overpaid for years., due to faulty assessments and falling valuations.<\/strong><\/p><\/blockquote>\n<p>Can the City actually run out of money? Will the State allow AC to declare bankruptcy? Or will NJ State just step in and apply bankruptcy tactics&#8230;..without actually filing for the &#8216;B&#8217; word?<\/p>\n<p>Read more about <a href=\"http:\/\/www.cnbc.com\/2016\/02\/10\/the-associated-press-owed-170m-by-ac-borgata-skipping-72m-tax-payment.html\" target=\"_blank\">Borgata Holding Back Atlantic City Taxes<\/a><\/p>\n<div class=\"encrypted-content\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The City of Atlantic City has a love-hate relationship with The Borgata Casino Resort. We love that it\u00a0employs a whopping 5,803 jobs. That&#8217;s almost 25 percent of all casino jobs in AC. We hate that Borgata&#8217;s holding back $7.2 million in tax payments&#8230;. due now.\u00a0But can ya blame them? Atlantic City owes Borgata more than [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[10],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - 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We love that it\u00a0employs a whopping 5,803 jobs. That&#8217;s almost 25 percent of all casino jobs in AC. We hate that Borgata&#8217;s holding back $7.2 million in tax payments&#8230;. due now.\u00a0But can ya blame them? Atlantic City owes Borgata more than&hellip;","_links":{"self":[{"href":"https:\/\/acprimetime.com\/wp-json\/wp\/v2\/posts\/31232"}],"collection":[{"href":"https:\/\/acprimetime.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/acprimetime.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/acprimetime.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/acprimetime.com\/wp-json\/wp\/v2\/comments?post=31232"}],"version-history":[{"count":0,"href":"https:\/\/acprimetime.com\/wp-json\/wp\/v2\/posts\/31232\/revisions"}],"wp:attachment":[{"href":"https:\/\/acprimetime.com\/wp-json\/wp\/v2\/media?parent=31232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/acprimetime.com\/wp-json\/wp\/v2\/categories?post=31232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/acprimetime.com\/wp-json\/wp\/v2\/tags?post=31232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}