"However, it’s worth noting that the states at the bottom of the ranking still have a higher-than-average percentage of households earning over $200,000. The 10 lowest-ranked states’ share of high earners averages 8.79%, compared to 6.82% for all tax filers nationally."Answer = Not NJ
Americans earning $200,000 or more are flocking to these 10 states
Since the beginning of the pandemic high-earning households have moved to Sun Belt states, with Florida as the top destination by a wide margin.www.cnbc.com
to extend on that.
Lots of people in my area are moving to freaking Delaware for retirement. They get out of NJ for obvious reasons, but then stay close for family. Crazy stuff.
My company transferred a boatload of employees down to San Antonio but most earns less than $75k. The employees making $200k and over, Corporate HQ, all stayed in New Jersey. I heard they transferred the jobs to get rid of them due to the pension plan, new employees weren’t eligible for a pension. A couple of years later, they are now transferring those Texas jobs outside the USA.
Go private. Problem solved!Majority of Texas teachers are considering quitting: survey
A survey found 70% of teachers in Texas are considering quitting due to increased responsibilities, low pay and COVID-related stress, as teaching shortages impact the entire country.www.foxnews.com
The companies that still have one are getting rid of their pension plan and are planning to get rid of older employees.
The employees in Texas aren’t pay as much so they can not afford private schooling.
Answer = Not NJ
Americans earning $200,000 or more are flocking to these 10 states
Since the beginning of the pandemic high-earning households have moved to Sun Belt states, with Florida as the top destination by a wide margin.
Quality private schools in TX are less pricey then here due to lower cost of living. It's a balance.
New York has the highest per capita GDP in the nation: the average economic output per year per person was $93,463 in 2021. Much of the rest of the country should be so severely damaged, like last place Mississippi at $42,411, less than half.
One plus to working in the northeast is that more working couples earn enough during their careers that both earners max out on Social Security benefits when it’s time to hang it up.
so we can outsource base housing to the same company that's fleecing the gov't and screwing over our soldiers?
Yep , those State attributes help offset cost.
it does happen in the south. but i'd rather not have the gov't pay those crooks even more.
Ft. Bragg will soon be renamed Ft. Liberty. Fun fact: much of Ft. Bragg comprises land once owned and donated by the Rockefeller family. When I lived in Pinehurst, I spent some time hiking around their old homestead, some of which is a state park. So that's Yankee-land, in a sense. As was Pinehurst, too. Developed by a gent from MA as a winter resort for northeasterners.
I wonder if this would apply to your friend, since he'll not be a permant resident of Florida??
Then we need to elect a stronger congressional delegation that will fight for NJ residents and get a return on our federal tax dollars.
He’s going to come up a day short. Need to be out 6 months and a day. Don’t laugh I’ve heard of people being a couple of days short and it delayed their so called tax savings plan another year.
The last time such numbers were calculated (more than 10 years ago), New Jersey got back 2 dollars for every 3 dollars it put in to the federal government, the worst of any state. California, New York and New Jersey combined put in $100 billion more than they got out, a massive subsidizing of the rest of America (a trillion dollars over a decade). That's a lot of money that pumps up the economies of other states and would help CA, NY and NJ grow faster and lets other states keep their taxes lower. Then those states brag about their low taxes.
Was half joking. Receiving states don’t care you need to prove to NJ that you’re gone. Trust and Estate Attorney buddy of mine told me about a client that got screwed because he came back up to NJ for an emergency and ended up meeting with clients for a week. NJ was okay with the emergency excuse but dinged him on the meeting with clients. That week put the guy under the 6 months and a day.
What's the major industries in DC? What do they build?
