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.

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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.

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Matt Rooney
About Matt Rooney 9368 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 Saturday evening from 7-9 PM EST