New Jersey Is on the Verge of Becoming Greece. What Happened? – Foundation for Economic Education – Working for a free and prosperous world

The basket case of New Jersey used to be a mid-Atlantic version of New Hampshire. But once the sales tax was imposed in 1966 and the income tax was imposed in 1976, it’s been all downhill ever since.
— Read on fee.org/articles/new-jerseys-fiscal-train-wreck/

Taxed to debt

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