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URL:  https://boards.fool.com/leaving-njretiree-says-goodbye-34183586.aspx

Subject:  Leaving NJ...retiree says goodbye Date:  4/17/2019  5:07 PM
Author:  telegraph Number:  881484 of 882494

We moved from Brooklyn to North Plainfield in 1985. We have lived in the same three bedroom, 1½ bathroom house, raised three sons, and are now empty nesters. In 1985, our property tax bill was $2,805. It was over $10,000 a few years ago,

Recently, I looked online at a beautiful four bedrooms, three baths, very affordable house in Nazareth, Pennsylvania. The property tax is just over $3,100.

while a retiree’s Social Security benefits are not taxed, New Jersey only allows for a retiree to pay no income tax if income is below $100,000. At $100,001, you are taxed on the entire amount. We have worked hard and saved hard over the years, and I am proud that our retirement income will exceed that threshold. As a result, we will get no tax break. Pennsylvania charges no income tax on any retirement income, including pensions, IRA’s, 401K’s, and Social Security."


https://www.nj.com/opinion/2019/04/why-im-leaving-new-jersey...

PA is five miles down the road from his house, which has gone down in value as more and more folks flee the state


t.
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