Flight of the Yankees: New Jerseyans go South

October 15, 2015

People are fleeing the climate and congestion, but they’re also leaving because of high property taxes, inheritance taxes, income taxes and business taxes, said James Hughes, economics professor and dean of the Rutgers University Bloustein School of Planning and Public Policy.

“It’s a tough place to live,” Hughes said. “It’s going to be slower growth going forward. We’ll probably be lagging the nation. We’re just going to have a below-average economic growth rate.”

MyCentralJersey.com, October 15

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