Bergen sends $1.1 billion more in taxes to Trenton than it gets back in state aid
Bergen County taxpayers sent $1.1 billion more in sales and income taxes to Trenton in fiscal 2010 than the county received in state aid, while lower-income Passaic County got back more than twice as much in aid as it sent in taxes.
That’s the conclusion of a new study by researchers at the Edward J. Bloustein School of Planning and Public Policy at Rutgers, called “Fiscal Flows in New Jersey.” The study did not look at the entire state budget, but at two taxes — sales and income — and three forms of aid: school, municipal and county.
“It’s not unexpected,” said Joseph J. Seneca, a Rutgers economist who co-authored the report. He said it confirmed the results of similar research done eight years ago. (Lynn, The Record)
