Let's give a shout out to our Governor, Senate President and Speaker and their loyal minions for leading our state off the fiscal cliff with their out of controlled spending. We are # 2 but rest assured they will they will try harder to see that we are the highest taxes population in the land.
Casinos get tax breaks, taxpayers get more taxes and illegals get in state tuition.......when was the last time you heard someone refer to our state as "The land of pleasant living"?......if Annapolis keeps taxing us, we will be the "land of peasant living".
"In its study of how the fiscal cliff would affect typical families in each state, the Tax Foundation reports that if the numerous tax provisions that are due to expire on Dec. 31 are not changed, a four-person family in New Jersey with a median income of $101,682 will see its taxes go up at a rate 6.82 percent of its income, which translates into about $6,933.
The tax issues in question are the expiration of the Bush tax rates, which also include the elimination of the 10 percent tax bracket and the reduced deduction for married filers; ending the 2 percent cut to employee-side Social Security taxes; and the Alternative Minimum Tax.
Maryland was ranked second by the Tax Foundation because a four-person family there, with a median income of $106,707, would see its taxes go up 6.74 percent as a percentage of income, or about $7,194."