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Currently there are several other tax free states. Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming. The question is should New Jersey become a tax free state?
People hate handing over a large piece of their check. Especially the ones who really need the money. Not having an income tax in New Jersey can be good and bad for residents. Us here at FAMM like to get straight to the point and not pick at your brain with all types of numbers and other statistics. So let's get started.
Being a tax free state simply means the government will go about getting their money in another way. Gas tax, property tax, investment tax, clothes, food, blah blah blah etc. You will bring home your whole check though. Tax free states are said to thrive in population and keep residents in that state from leaving. The attraction of not paying taxes will catch anyone eye. Who wouldn't want to bring home a full paycheck without the government taking some of their hard earned money. Having no income tax doesn't mean your government is not responsible for the growth and improvements of your state. Even if it was, it doesn't look like they're doing much with the money anyway in New Jersey.
Leave your comment below. Let us know do you think New Jersey should become a tax free state.
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