Wednesday, November 11, 2009

NJ: 400,000 people flee since 2000

Christie inherits a state that's in arguably the worst financial condition in its 233- year history. Last year's $7 billion shortfall, closed with stimulus dollars and tax hikes, has resurfaced at an even larger $8 billion for 2010. Residents face crippling property taxes (an average of $7,000 per capita), high income and sales taxes, $45 billion in debt and the net loss of 400,000 people since 2000.

From the NY Post

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