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Adios New Jersey

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njlefty

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I think this is off topic for the original discussion about the cost of living in NJ compared to NC. Belongs in the politics and rants thread now, as it seems someone has some pent up anger with his parents to vent about.

I'd just say that age 62, at no point in my life have I felt that veterans, and in particular disabled veterans, have never been fairly treated by this country the way they deserve to be.
I give yearly donations to Disabled Americans Veterans, an excellent organization that does a lot of great work.

www.dav.org
 

Doubleyellow

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That conversation is over for me Big, as soon as it turned into what it became, and you are correct, it did belong In the political thread.

But Adios NJ as a topic lives on.

I'll be passing through sometime this summer, looking forward to pulling in, getting pumped and not having to tip...lol. Full service at the pump baby!
 

njlefty

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cool313

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It's also a boomer thing to try and distract from cogent economic arguments with flag-waving and accusations of being unpatriotic. Nice one.

I have plenty of military family so this is probably the first time I've experienced that, but I guess there's a first time for everything.
 

BIGBOB62

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One of the things I’d like to see changed back, is the real estate max deduction limit for Property tax on income tax. I live in CT, but I’m sure it burns you guys in nj too. It’s just blue state discrimination.
 

njlefty

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This thread was mostly tongue in cheek, but one or two took it more seriously than necessary.

As for the “I got mine” thing, I will note that my former town in New Jersey recognized me for my fundraising efforts on behalf of the high school sports program.

As for the military thing, all services represented in my family except Marine Corps. One member is active duty Army currently deployed overseas.

You guys stay safe and happy.
 

charliebrown

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@njlefty, you followed you instincts. you choose to leave a state where the cost/benefit ratio not longer balanced staying. You also have the money and means to make that decision for yourself. We definitely see the benefits of moving but there are some benefits of staying as well. Gotta love those rich people who can afford to have the best of all worlds!!! Residency in another state with real estate back home.
 

Doubleyellow

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@njlefty, you followed you instincts. you choose to leave a state where the cost/benefit ratio not longer balanced staying. You also have the money and means to make that decision for yourself. We definitely see the benefits of moving but there are some benefits of staying as well. Gotta love those rich people who can afford to have the best of all worlds!!! Residency in another state with real estate back home.
Make sure you don't declare out of state residency before you sell your NJ home. From wht I understand, NJ has a special 'last chance to screw you as a non-resident rule". I dont know all of the details but it had something to do with treating your NJ sale as a second home, tax the shit out of you event.
 

East Lake II

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Make sure you don't declare out of state residency before you sell your NJ home. From wht I understand, NJ has a special 'last chance to screw you as a non-resident rule". I dont know all of the details but it had something to do with treating your NJ sale as a second home, tax the shit out of you event.
Is that the so-called “exit tax” or is there another tax?
 

njlefty

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Make sure you don't declare out of state residency before you sell your NJ home. From wht I understand, NJ has a special 'last chance to screw you as a non-resident rule". I dont know all of the details but it had something to do with treating your NJ sale as a second home, tax the shit out of you event.
Is that the so-called “exit tax” or is there another tax?
The exit tax is a withholding of 8.97 percent to force you to file an income tax return after you leave the state. The same exemption that the Feds have still apply, meaning a single person will have an exemption of $250,000 on the proceeds. You get your withholding back, but you have to file.
 

scrubs321

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I live in a white square mile town, with enough police , borough workers, clerks, part time judges, lawyers, school teachers, etc, to run a town 10 times it's size. Can't get rid of any of them. And the school taxes go to Trenton for who knows what. And several neighbors have enough guns and ammo in case the police can't handle a zombie apocalypse. We are white, upright, and outta sight.
 

East Lake II

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Thinking of moving to NJ, you might want to think again.

https://www.nj.com/politics/2021/05...a-lifetime-than-anywhere-else-study-says.html

Live in New Jersey? It will cost you.

New Jerseyans will pay an average of $931,698 in taxes over their lifetimes, more than residents of any other state, according to a study by Self, a financial technology company. That’s almost half of a taxpayer’s lifetime earnings of $1.9 million.

Much of that is due to New Jersey’s property taxes, which at an average of more than $9,000 are the highest in the country. New Jersey ranked third in taxes on earnings, 18th in sales taxes and 43rd in levies on motor vehicles.
 
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