What does the American Dream mean to you? For most of us it means the opportunity to pursue our dreams, achieve earned success and enjoy the fruits of our labor. And then when we leave this world being able to pass along our cherished possessions to our next of kin.
But here in New Jersey, when a loved one dies, those possessions are subject to our estate and inheritance taxes. Often, this leaves those left behind with a large tax bill they cannot afford to pay, forcing them to sell their homes or their land. Many New Jersey retirees don’t wait that long. Our death taxes are causing many to flee to other states to escape this fate.
New Jersey’s death taxes are turning the American Dream into the American Nightmare. Take action now and tell your lawmakers it’s time for New Jersey to kill our death taxes!