Three Studies Confirm the Consequences of NJ’s Uncompetitive Business Climate: People, Businesses and Wealth Are Leaving
Posted January 10, 2022
Last week, we noted that the Tax Foundation ranked New Jersey’s tax climate for businesses as dead last – for the seventh straight year! We mentioned a natural consequence of this was the outmigration of…
Read MoreNJ Has the Worst Business Tax Climate for the 7th Straight Year; Does Gov. Murphy Even Care?
Posted January 4, 2022
It’s a new year, but sadly for New Jersey some things never change. The Tax Foundation came out with its “2022 State Business Tax Climate Index,” which ranks the 50 states by how friendly their…
Read MoreNew Study: People and Wealth Continue to Flee High-Tax States Like NJ. Does Gov. Murphy Even Care?
Posted December 9, 2021
That’s what the IRS data shows: people and wealth continue to flee NJ. According to a study by the National Taxpayers Union Foundation, in 2019, 16,947 taxpayers left NJ, taking $3.1 billion in Adjusted Gross…
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