Posted on 10/10/2007 7:18:50 AM PDT by NY.SS-Bar9
TRENTON, NJ (AP) -- New Jersey's accelerating population loss is starting to have significant economic and fiscal consequences for the state
[SNIP]
The report found the state lost 231,565 people between 2002 and 2006, including 72,547 people last year. The latter was the fourth highest loss in the nation behind only California, Louisiana and New York.
Meanwhile, North Carolina grew by 807,000 people over the four-year period, displacing New Jersey last year as the nation's 10th most populous state, the report stated.
When lost income and sales taxes from the people who left New Jersey are considered, the population drain is estimated to have cost the state $680 million in tax revenue last year, the report found.
[SNIP]
From 2000 to 2005, the largest net outflow of New Jersey taxpayers was to Florida (124,584 people), Pennsylvania (42,459 people) and North Carolina (29,803 people), their report found.
It found the state had a positive net inflow of taxpayers from New York (148,538 people).
[SNIP]
(Excerpt) Read more at wcbs880.com ...
We ain’t seen nothing yet.
I made the move. The corruption, the dems and the idiots who accept this have ruined the state.
Meet the New Jersey “Exit Tax”:
http://freenj.blogspot.com/2007/06/concertina-wire-on-banks-fo-delaware.html
Radio Free NJ: http://freenj.blogspot.com/
Where are you now? I hope you weren’t fooled into moving to the People’s Republic of Nawth Carolina.
IT’S THE HIGH TAXES YOU MORON LIBERAL DEMOCRATS!!!
That idiot Governor has brought this upon his state.
PA has low property tax rates ? Watcha smokin’, bro ?
I generally agree with the other three points, but the types who move to NC are retired upper-income types who move into gated, golf course communities. I can say that with some personal knowledge attending realty shows that showcase these properties and having friends who have moved there. Retirees are flocking to NC. I may be one of them, especially since NC won't be taxing my federal pension like VA does.
That is not to say that the Durham, Raleigh, Chapel Hill triangle is not attracting the kinds of people you mentioned. The growth has been tremendous.
Friends of mine who are paying $3,000 a year in Bucks County, PA would be paying $8,500 in Mercer County, NJ.
It’s why Florida is called “God’s waiting room.” The tax policies are meant to attract retirees.
They’re all moving to Maryland.
New Maryland slogan: “We’re not as bad as New Jersey - yet.”
Thanks for the info, both of you. I had no idea so many NJ retirees were moving to NC.
Same value house ?
Those whose life strategy depends on being able to feather their own nests by seizing the wealth and income of others will stay. They always demand more, and always flock to support politicians who can promise to “fund unmet needs”.
Together, this is the Death Spiral of the Socialist State, which must do all it can to prevent people from leaving, or to attract new victims into the reach of the tax man.
As harbingers of this, Kali already gives its tax man the power to pursue citizens who recently left the state. New York City taxes mobile workers (like musicians and athletes) who set foot in the city for one day. Income taxes are piled upon all other taxes due, like sales and lodging taxes.
Earth to New Jersey Citizens: escape while you can and while your homes are worth something. The N-1 game of Musical Chairs has already started.
PA is a bargain compared to NJ, while NJ is, in many counties, a bargain in property taxes compared with Taxchester and Nassau Counties in NY.
high taxes = exodus
North Carolina is no picnic tax-wise but its population number is suspect because many new residents aren’t citizens.
Same with Kansas.
I have my home for sell in upper East Tn.
A couple viewed it Mon.from N.J. I didn’t strike up a conservation with the couple but, was thinking about the post I have read about, people leaving N.J.
I have no idea what politics they were, but I did leave my screen saver with a large pic. of Ronald Regan on for them to see. I hope they were Democrats!!!!
Virginia, once solidly red, is turning blue fast with a combination of illegal aliens and liberals leaving their welfare state taxes.
Hear, hear! Here's to hoping they all move back.
Your friends should move to Luzerne County, only about an hour away. I pay about $600/year on a 4 bedroom (fixer-upper, but livable) on 5 acres. It’s a vacation home for me, but if I wanted to trim my expenses, it would be an attractive primary residence.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.