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Bad fiscal management is driving New Jersey residents away

Apr 15, 2021 by AFP

New Jersey families can't afford higher taxesTony Howley, state director of Americans for Prosperity-New Jersey, still lives in the Garden State. But increasingly, he writes in a new op-ed in the Newark Star-Ledger, his neighbors are leaving.

“For the third consecutive year, New Jersey leads the nation in residents moving to other states, according to data from United Van Lines,” he writes. “That’s disappointing but not surprising, considering our state’s penchant for high taxes and unresponsive government.”

A 2019 survey showed nearly half of New Jersey residents are considering leaving the state over the next decade, and many of them say high taxes are at the top of list of reasons why.

Howley calls on the state’s lawmakers to try a new tack: hold down spending and reduce taxes.

While Gov. Phil Murphy recently kicked off the budget process with a proposal that does not include higher taxes or fees, it hasn’t been that long since taxes were increased.

Only a few months ago we saw a nearly 10 cent per gallon increase and higher tolls on the New Jersey Turnpike and Garden State Parkway. These new taxes and fees were imposed in the middle of a pandemic that led to crushing economic damage to businesses and families,

All these higher taxes will feed New Jersey’s spending problem.

“If the governor’s budget is enacted, our state government will have increased spending by 29% in the four years of the Murphy administration,” Howley writes. “Murphy claims he’s being fiscally prudent but that claim falls flat when you consider just how dramatic his tax and spending increases have been.”

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