Ac Primetime W/ Mel Taylor. Atlantic City News, Info, Events.

The infamous PILOT bill is finally being challenged. Liberty & Prosperity, a constitutional advocacy group lead by Seth Grossman, has teamed up with Atlantic County Exec Denny Levinson. Both sides presented arguments in front of Superior Court Judge Mendez on Nov 30. Both are convinced that the PILOT is un-constitutional. Grossman, a Somers Point attorney and former Atlantic City councilman, refers to the PILOT as 'Payment in Lieu of Peanuts Taxes.'  The goal of the Casino PILOT was to stabilize Atlantic City’s tax-collection base. Wildly inaccurate assessments contributed to Atlantic City's near bankruptcy and eventual state take-over. The PILOT bill allows casinos to collectively pay $120 million per year instead of actual property taxes and allows them to upgrade their properties without tax implications. County Exec Denny Levinson said Seth Grossman was outstanding in front of Judge Mendez. 'He was terrific.' The current PILOT allows a private entity to gaining at the expense of the average taxpayer. No