I have lived in NJ all my life and am self employed. My business is not limited to this state, and most of it is in other states. When I discuss the taxes and anti business attitudes of this blue state, they always wonder how anyone can survive and prosper here. I explain to them how our politicians are owned by the unions, and they hand out big salaries pensions and medical benefits that are unsustainable . They chased most of the folks out of the state who had disposable income with the estate tax. Despite it being changed to concur with federal tax amounts, it’s still unfair because unless you give money to a spouse or child, it’s taxable. I will bequeath my $$$$ to nieces and nephews , and the only way nnj can’t tax me is if I change my residence to Florida (which I will)
When the state is run by elected officials who have never run a business they are clueless. Prieto is a building inspection official , Sarlo is employed by the biggest highway contractor (beneficiary of tax $$) and Sweeney is a union steelwork. Granny Weinberg thought she was the smartest one in the room and invested her money with Bernie madoff. That explains the state finances
NJ doesn’t “Hate Business”
They just love to TAKE and SPEND.
They TAKE from those that have (like robbing banks because that’s where the money is) and then they SPEND to get votes, enriching themselves and their friends along the way.
You see as soon as you believe you can TAKE from those that have, there is nothing to stop you from TAKING more and more. All that is needed is a new excuse to TAKE.
Even ultra liberal NY gov Cuomo is super-pro-business…
Just look at the “START-UP NY” program implemented by some of the biggest liberals in the country…
No taxes for 10 years, other tax incentives, direct access to academic research for free, etc, etc.
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This is typical liberal M/O/ … say one thing in public (Big Business is bad) then do something totally opposite usually to line the pockets of your friends. (See also global warming).
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Even RW engages in this hypocrisy(see Aronsohn, et. al.)
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But NJ politicians are too stupid to support business… they actually believe the liberal utopian lie.
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