N.J. defeats Tax policy designed to purge more earners away from State.. (a "Millionaire" Tax)

-Posted by D.C. Worth, for Barbay (France & US)

N.J. Gov Christie pushes to make the State more competitive; and court a long-term return of business revenue for the state's strapped budget.

The new Governor is rapidly lifting Business determent in "mass-taxed" Blue State; in order to shift red ink to black.

N.J. loses $70B in wealth during five years as residents depart: Read.
More than $70 billion in wealth left New Jersey between 2004 and 2008 as affluent residents moved elsewhere, according to a report that marks a swift reversal of fortune for a state, formerly the nation’s wealthiest.

-Video (r) Dems whine & blame; and bundle policy to guilt-trip on social issues... But the bad policy, is what created debt, in the first place.

Looks like Democrats are NOT the party ready to adopt fiscal policy, & transition our Government toward a better future... Instead, they want more tax, borrow and spend... To bankruptcy.
"Buying more votes" may create more welfare strongholds... But, Democrat's "contempt for Millionaires" receives precisely the same effect each time... They move away from the State...
NOTE: A predictable effect awaits the Nation, if voters fail to elect leaders who will create consistent, business-friendly policy for largest earner/job-creators; rather than hand-out more dole...

Today's Links...
VIDEO: Democratic NJ Mayor Booker supports Christie’s plan to cap property tax increases to 2.5% VIEW.
Good news! Keep it going, New Jersey! :D

ALERT: Christie will be on FOX News’ ‘Your World’ Wednesday.

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