By Matt Rooney | The Save Jersey Blog
The 2016 ALEC-Laffer Rich States, Poor States economic outlook rankings are out, Save Jerseyans.
Three guesses what they found? Your first two attempts don’t count…
“New Jersey unfortunately remains near the very bottom of the Rich States, Poor StatesEconomic Outlook Index, weighed down by the nation’s heaviest property tax burden in addition to very high corporate and personal income tax rates,” explained Jonathan Williams, co-author of the report and vice president of the ALEC Center for State Fiscal Reform.
In fact, the once-mighty Garden State fell a full two slots:
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Top Ten |
Bottom Ten |
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1. Utah |
41. Oregon |
Which states did the best versus 2015?
For starters: Florida, which gained seven spots in the rankings.
Salt on the wound: uncoincidentally, the Sunshine State recently snagged Appaloosa Management’s David Tepper away from us, a multi-billion dollar tax hit for a state whose top 1% pays 1/3 of the taxes.
Click here to read the full report.
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Again, Thanks Great Leaders Wisniewski, Bramnick and most of all Porky AKA Boss Hog and of course the Democratic Machine! You guys (Comrades) make Communism look like a viable option! Save AC, no sell AC to Dubai! They got the money now! Our NJ Flag is upside down, WHY? Distressed? The above mentioned do not look Distressed but rich and well fed and stupid!!
Thank you state assembly for not allowing economics or the working middle class make you change your ways. Keep on borrowing, taxing and promising. That should empty out New Jersey for you to have all to yourselves. Good luck attracting wealthy taxpayers like Tepper that paid $50 million in state taxes each year.
Repeat after me… no wealth is leaving New Jersey no wealth is leaving New Jersey no wealth is leaving New Jersey no wealth is leaving New Jersey. Keep voting for Dumb-o-crats….
Just had a friend move a growing cigar store to PA because of the ridiculous tobacco tax on nj.
Liberalism at work; taxes, taxes, taxes.
Because the LIbtards taxed very business to another State. Hell, I want to move.
I know how to get it back. We will raise taxes, institute more regulation, grow state government, and give more free stuff. That should work.
Keep voting for the same crooks
Wow! I remember when Christie was running for Governor the first time and I was a big supporter (my husband was MCRC chair at the time) and this was one of the big issues he said that he would really work on . Gee I wonder what happened — I his guess personal sgenda came first.
The Titanic comes to mind.
maybe the fact that we can’t seem to clean out the left in our legislative branch had something to do with it. They seem determined to change us from The Garden State to The Welfare State.
Thanks Gov