NEW YORK — Federated Department Stores is anticipating major cutbacks in New Jersey, stemming from what the retailer’s chairman called "onerous" corporate-tax increases passed last week and retroactive to Jan. 1, 2002.

In a letter faxed Tuesday to New Jersey Gov. James McGreevey, Federated chairman and chief executive James Zimmerman also called for the repeal of the taxes: "I can tell you unequivocally that we cannot and will not absorb a $5.7 million New Jersey tax increase without taking commensurate measures to reduce expenditures there," he wrote.

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