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Hollywood Comes to the Shore: Netflix's Billion-Dollar Bet on Monmouth County

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With Netflix's influx into Monmouth County, it is not only influencing real estate development, consumer spending, and labor markets but also causing fundamental shifts in tax policy and government action. It is important, though, to provide context on the existing tax system for the local, state, and federal governments. Starting with Monmouth County's local tax system, its tax environment is known to be extremely expensive, with a 1.64% property tax rate and a $9,498 tax bill (Ownwell, "Monmouth County, New Jersey Property Taxes"). This is an astounding price, and, taking into account the prospective scale of Netflix's facilities in Monmouth County, the property tax revenue alone will be enormous. Another part of the Monmouth County tax system, which was greatly impacted by state policy, is the Assessment Demonstration Program (ADP). This was a statewide law, first implemented in Monmouth County in 2013, that subjects properties to annual reassessment of value, ...
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Political Economy of Elder Financial Exploitation

  Political Economy of Elder Financial Exploitation Nicholas Djoulia May 2026 Abstract Since the dawn of the digital age, financial fraud targeting senior citizens has been one of the most significant yet underrepresented economic and political issues in American life. In 2024 alone, $81.5 billion was lost, with a potential $137 billion when accounting for underestimation. With these figures, elder financial exploitation (EFE) has shifted from small-scale, individual risks to systemic economic risks, posing a significant threat to our financial institutions. This paper delves into that fact that EFE must be reframed as a broad market failure accelerated by these main drivers: the concentration of wealth in a technologically vulnerable generation, deception of this generation through artificial intelligence (AI), and lack of regulatory framework constitutionally and its inability to combat the harm being done; this is a full shift away from the issue being framed as a financial lite...
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