(AP/Julio Cortez New Jersey, with relatively high income taxes, lost about 2 million residents between 2005 and 2014. New Jersey recently rolled out plans to raise taxes on top earners. Meanwhile, people are flocking to states with less or no income tax. You would think New Jersey would have learned its lesson… Two years ago, New Jersey’s richest resident – hedge fund billionaire David Tepper – decided to move himself and his business to Miami Beach.See the rest of the story at Business InsiderNOW WATCH: Trump pitched peace to Kim Jong Un with this Hollywood-style video starring Kim as the leading manSee Also:Boris Johnson resigns as foreign secretary in major Brexit blow to Theresa MayCostco employees share their 9 best tips for getting an even better deal on your next shopping tripIt turns out ripe and unripe bananas have different health benefits — here's what you need to knowSEE ALSO: The British pound dives as markets fear the government may collapse
New Jersey Hasn't Learned Its Lesson On Raising Taxes
feedback@businessinsider.com (Simon Black), Business Insider
Mon, 07/09/2018 - 3:49pm
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