More and more people have already moved out of NJ, in the process of moving out or have an exit plan! Why? Because it is a high tax State and the Governor basically told residents if high taxes aren’t for you than NJ is not the State for you! Hmmmm that sounds so supportive and inviting.
NJ Middle class residents beware. You may say “yeah” let them pay more, but there is a tragic downside and it ends in your pocket!
Those of higher incomes are the people paying for those large homes and mansions. Look in most communities, where there is an upscale neighborhood. Those property taxes can range from $29K to &60K and higher! If those same people move out that tax burden will inevitably fall back on the remaining residents to shoulder the load! But wait!! What happens to the small businesses that rely on those contracts. Landscapers are a huge base that would suffer immediately! Housekeepers are next! Wait don’t forget about the cleaners, salons and restaurants and other small businesses who rely on the patronage from those same people!
BE WARE NJ RESIDENTS – they are coming for your money!