TRENTON, N.J. – In response to a Bloomberg state-to-state migration study that found New Jersey to be one of the biggest losers of income, Assembly Republican Leader Jon Bramnick issued a warning to Trenton Democrats.
“To avoid losing more residents, we need to stop these tax-and-spend policies now,” said Bramnick (R-Union). “People are moving to states with lower costs of living and taking their good salaries with them – leaving the rest of us to hold the bag if this isn’t fixed.”
According to the analysis, New Jersey’s annual net income loss was $3.4 billion. It ranked third worst in the nation, just below New York and Illinois.