New Jersey Listed Among Least “Tax Friendly” States
Here's some news that is not exactly a shock to the residents of the Garden State. New Jersey is among the 10 least-friendly tax states. More specifically, it's among the top 3.
The list was compiled by kiplinger.com, and it considered property taxes, income taxes and gas prices among the factors that determined which states made the list. And although New Jersey boasts the second lowest gas taxes in the country (behind Alaska), we still easily managed to break the top 5.
If you're looking for a silver lining in the findings, we are, at least, more tax friendly than Connecticut and California. New York finished slightly more tax friendly than the Garden State, ranking at #4. However, our combined state and local tax burden is second only to New York in the entire country.