Property taxes skyrocket in NJ: $8,767 average property tax bill, 30 cities over $15,000 average tax bill (highway, independent)
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They have not seen anything yet in New Jersey as they will have to raise taxes significantly to chip away at the 202 billion unfunded pension liabilities.
Wonder how much they will have to increase the property tax to eliminate the 202 billion unfunded pension liabilities.
No wonder they want the SALT deduction cap to be eliminated. They basically can deduct property taxes and a tiny bit of income tax and not much else.
The problem in NJ is the State is riddled with geographically tiny towns, each with their own school system, town hall staffing, highway depts etc. Throw in geographically small counties that carry their own full governance bureaucracies, and a bloated State govt. and the result is waste and duplication almost beyond comprehension. The unions and vested interests in maintaining this status quo have an ironclad lock on the situation.
My brother lives in NJ. He describes it as prison. He would love to move, but so much of his income is going towards the home/taxes that he cannot afford to get ahead enough to escape NJ. I'm sure there are many in this same predicament there.
They have not seen anything yet in New Jersey as they will have to raise taxes significantly to chip away at the 202 billion unfunded pension liabilities.
Wonder how much they will have to increase the property tax to eliminate the 202 billion unfunded pension liabilities.
No wonder they want the SALT deduction cap to be eliminated. They basically can deduct property taxes and a tiny bit of income tax and not much else.
Thus the influx of residents to the mid-south, as it is not as crowded as Florida, lower crime, and much cheaper.
I really liked living in the north due to the changes in seasons and all the snow (not kidding). My wife and I will retire back there (Midwest- gotta go where the kids live). However, many of the northern states need to address their tax rates, or they will continue to face population losses.
There are good and bad parts of every state. New Jersey, in contrast to popular sentiments, has some very pretty areas which are unique to that area. The Pine Barrens are very interesting; likewise the New Jersey beaches which are not commercialized are very pretty, with lots of ocean side vegetation you don't see on the west coast beaches.
The problem in NJ is the State is riddled with geographically tiny towns, each with their own school system, town hall staffing, highway depts etc. Throw in geographically small counties that carry their own full governance bureaucracies, and a bloated State govt. and the result is waste and duplication almost beyond comprehension. The unions and vested interests in maintaining this status quo have an ironclad lock on the situation.
New York state was similar. While most states divide counties into cities (incorporated areas), NY had counties divided first into townships, then those divided into cities/villages, etc. One more layer of bureaucracy to fund by the taxpayers.
My brother lives in NJ. He describes it as prison. He would love to move, but so much of his income is going towards the home/taxes that he cannot afford to get ahead enough to escape NJ. I'm sure there are many in this same predicament there.
That's how NY is to many. Like prison. These states are siphoning too much money to pay for this and that. They need to change their mindset and get more moderate in their ideas.
They have not seen anything yet in New Jersey as they will have to raise taxes significantly to chip away at the 202 billion unfunded pension liabilities.
Wonder how much they will have to increase the property tax to eliminate the 202 billion unfunded pension liabilities.
No wonder they want the SALT deduction cap to be eliminated. They basically can deduct property taxes and a tiny bit of income tax and not much else.
Just don't pay any politicians since it was they who caused this.
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Originally Posted by Biker53
The problem in NJ is the State is riddled with geographically tiny towns, each with their own school system, town hall staffing, highway depts etc. Throw in geographically small counties that carry their own full governance bureaucracies, and a bloated State govt. and the result is waste and duplication almost beyond comprehension. The unions and vested interests in maintaining this status quo have an ironclad lock on the situation.
It's called home rule, NY has the same thing (I'm a NY expat)
The problem in NJ is the State is riddled with geographically tiny towns, each with their own school system, town hall staffing, highway depts etc. Throw in geographically small counties that carry their own full governance bureaucracies, and a bloated State govt. and the result is waste and duplication almost beyond comprehension. The unions and vested interests in maintaining this status quo have an ironclad lock on the situation.
Seemed to me voters favor small and the perception of control, regardless of the cost of redundancies. Does not seem to matter if the town leans left, right out Independent.
( lived in NJ twice)
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