Truck driver leads NJ Senate president after spending $153 on campaign

Re:Truck driver leads NJ Senate president after spending $15... by kevin_thibedeau on Wednesday November 03, 2021 @05:37PM (#29100630)

Many NJ residents work(ed) in NY. Of which, many are high earners who could be contributing significant amounts to the state tax rolls but NY claims income tax from anyone who commutes there. To make up the difference towns have to jack up property taxes. Things should hopefully change with remote work not happening in NY anymore.

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Re:Truck driver leads NJ Senate president after spending $15... by lotsofpulp on Wednesday November 03, 2021 @06:08PM (#29101014)

NJ's debt per taxpayer is multiple standard deviations above the norm. On the order of $60k per taxpayer versus $10k to $20k in other states. That is just at the state level, who knows what is going at the city level, and there are a ton of tiny fiefdoms with highly paid personnel.

https://www.truthinaccounting.org/library/doclib/FSOS-Bookle...

I do not see anyway out of repaying these debts from previous decades with higher taxes compared to other states.

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Re:Truck driver leads NJ Senate president after spending $15... by skinnymuch on Wednesday November 03, 2021 @11:26PM (#29103397)

If NJ is in such deep waters. Which it seems like it is. What is up with the stats and data of which states give more to the fed than what they get back and Vice versa. Why is NJ always giving more? If they have so much debt?

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Re:Truck driver leads NJ Senate president after spending $15... by rsj_hn on Wednesday November 03, 2021 @11:36PM (#29103455)

> Why is NJ always giving more? If they have so much debt?

Because we have progressive taxation and a lot of rich people live in New Jersey, so they pay more in taxes. A state doesn't need to be in financial trouble because it is poor, it is in financial trouble if it makes more promises than it can afford to pay given its tax base. The constant raiding of employee pension funds and various financial ponzi schemes is why NJ is in trouble.

    Median household income in 2019
    NJ[1] = 85K
    US[2] = 69K

[1] https://www.census.gov/quickfacts/fact/table/NJ/SBO001212

[2] https://www.census.gov/library/publications/2020/demo/p60-27...

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Re:Truck driver leads NJ Senate president after spending $15... by skinnymuch on Sunday November 07, 2021 @11:14AM (#29140654)

I don’t understand why NJ gives more than it gets back though. Is it only based around the state’s average income?

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Re:Truck driver leads NJ Senate president after spending $15... by Steltek on Thursday November 04, 2021 @09:25AM (#29106879)

NH and MA have a similar dichotomy. NH residents commute into MA for work, where they pay MA income tax, and so the NH property taxes are usually higher than a comparable home in MA.

However, and no offense to NJ, I think living in NH has a ton of appeal. You're so close to amazing backpacking, skiing, lakes, etc. It's a really beautiful state. People staying in full time WFH are going to have an amazing balance of occasional office trips in MA and access to adventure.

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