Tax Information And Guide

Tax Software After reading the Dec. 28 editorial "Take a stand on nuke plant," I would like to remind the readers of the tangible benefits for the citizens of Ocean county if the Oyster Creek Nuclear Generating Station operating license was to be extended.

plant is a safe provider of electrical power and an asset that helps to reduce the property tax burden of Lacey residents, while at the same time providing employment for 440 workers, many who are from the local area. I urge AmerGen to apply for an extension of its operating permit for the Oyster Creek facility and Lacey authorities and residents to support such an effort.

Software Tax Oyster Creek employs about 500 full-time employees and contractors. It is one of the largest employers in Ocean County. The jobs require a high level of training and education, and the employees are well compensated. As such, the employees pay taxes, buy goods and services, provide volunteer services and contribute to charities in the community.

time exemption to extend the deadline for Oyster Creek nuclear power plant reactor operators to meet federal licensing requirements. long strike at the plant. Under federal law, operators must qualify every two years. The deadline for Oyster Creek operators passed June 30, according to NRC documents. But some of those reactor operators have been on strike for more than a month.

Every Landlord Tax Deduction The corporation also pays taxes and supports local business with its purchases of goods and services. Additionally, emergency preparedness in New Jersey and especially in Ocean County for storms, floods and other likely events is much stronger as a result of Oyster Creek's participation and financial support in preparation for the highly unlikely event of an alert declaration at the plant.

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Tax Help If Oyster Creek were to close, additional generation to supply the 100,000 homes served would come on line. It would be coal- or gas-fired generation. We would send our money out of New Jersey to buy that power (more of it since Oyster Creek is a low-cost alternative) and would get carbon dioxide, carbon monoxide and sulfur emissions into our already overburdened atmosphere. No jobs in our state would be generated.

Congress Extends Individual and Business Tax Cuts; Adds New Tax Relief Congress has acted to extend the life of popular tax reductions that were due to expire at the end of this year, averting a tax "increase" for virtually all taxpayers. interest tax breaks, tidies up the tax code, year "fix" on the alternative minimum tax.

Help Tax The editorial stated property values would rise if the plant closed. I disagree. The value of property is based on supply and demand for homes with access to high-quality schools, close proximity to services and low taxes. Without Oyster Creek, taxes would be higher, employees would be moving out and less money would be available for maintaining the schools. Property values in Lacey are higher than comparable homes in neighboring Berkley and Barnegat.

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Ernst Ernst Guide Guide Tax The decision to seek license renewal will be made by the owners and reviewed extensively by the Nuclear Regulatory Commission. But if I had a vote, as a member of the community, I would strongly support it.

Tax Return Michael Button
Dover Township, NJ

Return Tax Asbury Park Press - 1/15/2004

Topic: Nuclear

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