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N.J. voters would raise taxes on the rich to fund public worker pensions, poll finds

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file photo by Boyd Loving

By Samantha Marcus | NJ Advance Media for
on March 21, 2017 at 6:18 PM, updated March 21, 2017 at 8:14 PM

TRENTON — The majority of New Jersey voters are willing to let the state’s wealthiest residents pick up the tab for government worker pensions but don’t want tax increases on lower-income residents, according to a new poll.

Seven in 10 Garden States voters polled by the Quinnipiac University Poll said they support raising taxes on people with annual income greater than $1 million, the so-called millionaire’s tax, to shore up the seriously underfunded public pension system.

Twenty-seven percent of those polled were opposed, and of the Republicans polled, 55 percent were opposed.

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New Jersey has to rethink its budget because one guy moved


Linette Lopez

If you move away from your home state, some friends might throw you a party. Maybe you’ll get a happy-hour discount at your local bar.

If you’re really a big deal, you might get to throw out the first pitch at your local minor-league baseball team’s next game.

Other than that, everything will be pretty much the same after you’re gone.

That is, of course, unless you’re billionaire David Tepper.

If you are him, then when you move away you have the potential to send your whole state ( in this case New Jersey) into red-alert mode.

Tepper, the founder of the hedge fund Appaloosa Management, moved to Florida last fall. This, according to Bloomberg, has leaders of his former state very concerned.