New Jersey is constantly at the top when it comes to Combined Sales and Income tax in the 50 States. The Tax Foundation interprets individual tax burden by what taxpayers actually spend in local and state taxes, rather than report these expenses from the state revenue perspective used by the Census Bureau. Its State and Local Tax Burden Rankings study reported that Americans paid an average rate of 9.9 percent in state and local taxes in 2010. Yet Late Friday the Republican Governor and Democrat heads of state agreed on a .23 cent a gallon! Tax hike on the citizens of the state. And yet the voting population continue to vote the same political machines into office every cycle. At this point the voter only has himself to blame.
According to the foundation, the five highest state-local tax states were:
New York 12.8 % New Jersey 12.4% Connecticut 12.3% California 11.2% Wisconsin 11.1%
The same states have ranked as the top three consistently since 2005, according to the foundation. “Lots of people want to relocate for lifestyle issues,” says Molony. “Some seek a nicer climate. If all things are equal between climate choices, the tax situation becomes an area worth exploring.”
As the old saying in the South goes,” When it comes to dirty politics, thank god for New Jersey.” To an overly tax citizenry. How much more can the state government take without consequences at the polls? I personally think that the finger pointing is so prevalent in the state that the people will vote which party they identify with, feel good when their candidate wins, then go about their business, but nothing changes. Who is the real loser in this scenario? Just an after thought to the politicians in New Jersey, guess which state has the most people moving out of state than in, as reported by United Van Lines? You guessed it, The Garden State itself. What do you think?