If the reconciliation bill becomes law? N.J.’s top income tax rate would be 63.2%

If you think New Jersey’s tax climate is brutal as it is, Save Jerseyans? Check out what’s in store for you IF Democrats are successful in getting their $3.5 Trillion…

The Tax Foundation recently analyzed what the top federal and state combined marginal income tax rates would look like under the tax changes contained in Nancy Pelosi’s package.

Here are the top five states:

New York -> 66.2%

California -> 64.7%

New Jersey -> 63.2%

Hawaii -> 62.4%

Oregon -> 62%

And the bottom five:

South Dakota -> 51.4%

Tennessee -> 51.4%

Texas -> 51.4%

Washington -> 51.4%

Wyoming -> 51.4%

Elections have consequences, my friends.

Matt Rooney
About Matt Rooney 8440 Articles
MATT ROONEY is SaveJersey.com's founder and editor-in-chief, a practicing New Jersey attorney, and the host of 'The Matt Rooney Show' on 1210 WPHT every Sunday evening from 7-10PM EST.