New Jersey has the worst tax climate for businesses in the nation, according to a new ranking by the Tax Foundation. The annual State Business Tax Climate Index released by the foundation enables business leaders, government policymakers, and taxpayers to gauge how their states’ tax systems compare.
The index is meant to show how well states structure their tax systems and provide a road map for improvement.
When it comes to taxes, New Jerseyans have a lot to deal with, including some of the highest property tax burdens in the nation, the second-highest corporate income tax rate in the US, tough inheritance taxes, aggressive treatment of international income, and a particularly badly structured individual tax system. Put those all together, and New Jersey ranks dead last out of all states in terms of its tax climate. New Jersey’s policymakers should take note.
The top 10 states based on their tax climates are, from first place, Wyoming, South Dakota, Alaska, Florida, Montana, New Hampshire, Nevada, Oregon, Utah, and Indiana.
Keep electing the same Democrats and you think things will get better.
Remember each election we get promised better life lower taxes, how is that working out.
If you don’t get rid of the Democrats you won’t get rid of the problems.
I think we should all pick our selves up and move out of this crazy state.
If we would at least get something for our tax money, that would be one thing, BUT WE GET NOTHING AT ALL!!!
Time to make aliya and head out of the worst state and show Hashem a sign of your love and yearning for mashiach by taking the first leap and start heading to Eretz yisroel even before mashiach arrives.
May he come ASAP with our hishtadlus of serious teshuva as a nation together
Hey, did you know that NJ is 1 of 3 states that have paid maternity leave. So Jersey’s we have s/t going for us.
It is paid for with a TAX on employers of 1.5% and a TAX on your paycheck of .5%.
Nothing is free someone is paying for it.
I pay taxes too, but I do benefit from Paid maternity leave and would not want to get rid of it. The 1.5% of my paycheck which phases out when I pay around $70/year is well worth the trade off of allowing mothers some pay after a baby.
Has anyone noticed 3 of the worst states NY, NJ, and Cali, are where most Jews live?
Are we so bad at organizing?
Are we so incapable of convincing others our political world view makes the most sense?
Are we incapable of putting together real money to help get our politicians elected?
Are we incapable of making ourselves valuable citizens that a politician is proud to represent and wants us to stay?
Something ain’t Kosher. I don’t believe in conspiracy theories. So, why are we so utterly ineffective and helpless when it comes to wielding political power and getting our preferred candidates elected?
called bribe……Paying for political is not the way the fore fathers meant it to be. Do you wonder why others get upset. perfect examples.
I didn’t say Bribe I said help get elected. Big difference. A Bribe is to get a person to do something they shouldn’t or wouldn’t normally do.
Political donations are used to pay for things like: ads, stickers, t-shirts, rally’s, commercials, etc.
Do you think Jefferson and Lincoln paid for their campaigns out of their own pockets?
The Founding Fathers most certainly did setup a system where people would donate money to fund the campaign of their preferred candidate.