Monday, April 7, 2014

I just read where New Jersey

 is having a budget crisis which is getting worse because a lot of the wealthier people are moving out.

Can't say as I blame them.

With high taxes, high insurance and high basic costs people would be foolish to stay there if they had a choice. Even car insurance is so high that a couple of elections ago it was the main issue in the election for governor.

The movie industry moved out of Jersey almost a century ago for two things. Taxes and a sunnier climate. I have to be honest and say that it was mainly the latter but instead of keeping a company office in northern Jersey they moved out lock, stock and barrel.

Today the movie industry is trickling out of California to avoid high taxes. Funny how that works.

The truth is that people tend to want to keep what they have earned and tend to move to a place that is cheaper to live.

I think in the future you are going to see an increase in wealthy people turning in their US passport and becoming citizens elsewhere.

It makes sense to move to a place that will allow you to keep your money instead of staying where they take it away from you.


To find out why the blog is pink just cut and paste this: http://piccoloshash.blogspot.com/2009/12/my-feminine-side-blog-stays-pink.html NO ANIMALS WERE HARMED IN THE WRITING OF TODAY'S ESSAY

No comments:

Post a Comment