the staff of the Ridgewood blog
Trenton NJ, a new study on Taxes from SELF , comes in with the same old conclusion , people in New Jersey pay massively higher taxes than anywhere else, yet state services and quality of life, wealth gap and racial equality all continue to decline.
According to SELF , the US government collects over $5.3 trillion in taxes each year, with the average American will pay $525,037 in taxes throughout their lifetime, Residents of New Jersey will pay the most in lifetime taxes ($931,000) and people in West Virginia will pay the least ($321,000).
New jersey toped the list of most taxed states with $931,000 in total life time taxes amounting to 49.51% of earnings.
In January United Van Lines today released the company’s 44th Annual National Migration Study, revealing in 2020, Americans continued to move westbound and southbound – and the COVID-19 pandemic factored into and accelerated many of those decisions to move.
According to the study, which tracks the company’s exclusive data for customers’ 2020 state-to-state migration patterns, Idaho was the state with the highest percentage of inbound migration (70%) among states experiencing more than 250 moves* with United Van Lines for the second consecutive year. Topping the list of outbound locations was New Jersey (70% outbound), which has held the spot for the past three years.
Among the top inbound states were South Carolina (64%), Oregon (63%), South Dakota (62%) and Arizona (62%), while New York (67%), Illinois (67%), Connecticut (63%) and California (59%) were among the states experiencing the largest exoduses.
People vote with their feet and move.
NJ has ”temporary” residents, as evidenced in Ridgewood as follows:
People live here while their offspring are attending school, then bail out of town when the last one graduates RHS.
RICH and STUPID, baby!!!!