MASS Exodus From New Jersey & California As Taxes SKYROCKET!

Josh Sigurdson reports on the massive exodus of the states of New Jersey and California as state taxes skyrocket causing business owners, the rich and every day people to flee.
New Jersey lost 2 million residents between 2005 and 2014 earning a combined $18 billion in net adjusted gross income. 60% of these people fled to Florida where there is no state income tax.
Consider hedge fund billionaire David Tepper who moved himself and his business from New Jersey to Miami Beach saving hundreds of millions of dollars a year. Can you blame him? This is someone who earned more than $6 billion between 2012 and 2015. His moving alone caused a big problem for the New Jersey economy, a place where the governor recently abruptly froze state spending and hiring on the verge of a financial crisis.
But who do taxes affect the most? Small business and the poor. With massive regulations propping up massive government monopolized corporations and pushing smaller competition out of the market, there are more layoffs and less people becoming successful.
California has seen millions of people leave the state due to high taxes as well, with 50% of people in California polled saying that they want to leave.

This is a testament to the coercive, centralized actions of government. Isn’t it interesting that the places taxed and regulated the most under the guise of “helping the poor” tend to be the poorest? There’s no wonder why.

In this video, I explain the greater, more moral and logical alternative of free markets and the individual demand of the consumer in a competitive market. We don’t all have to be in servitude to debt and a massive coercive state apparatus.

Stay tuned as we continue to follow this issue!

Video edited by Josh Sigurdson

Josh Sigurdson

Graphics by Bryan Foerster and Josh Sigurdson

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  • Rob Hodge

    Couldn’t get the people out with directed energy weapon fires, let’s just tax the hell out of them. That’ll drive them out.

    Agenda 21/2030 still going strong.
    Next up: 5g smart cities and population zones.

  • nano. joe.

    Screw these criminals in government. Taxing our hard earned income only to put it into their own bleeping pockets.

  • Yowsa Yowsa

    All states are going down. America is going down. People in Atlanta are being taxed out of their homes. There is nowhere to run.

  • Steve Mann

    individual tax.
    income tax in the uk is 18% self employed to 22%(employed) above £11000 threshold.
    + 11% NI national insurance for funding the Nation health service.
    just for comparison

  • Yowsa Yowsa

    Georgia was a very good place to live until northerners moved here. It’s been downhill since the early 90s.

  • Hal Strong

    1) California has one of the cheapest property taxes in the country.
    2) People earning millions per year have the ability of dodging most income taxes using loopholes, tax shelters, LLCs and other write offs. The only people that get hurt are the middle and lower class.

  • Mumbʟes005

    I know you are probably using the rule of 3rds but it’s not working. Your head needs to be at least 2-3 inches higher in the shot. Way too much dead space above your head and when you figure in the play bar along the bottom of the video, you are definitly not in the middle 1/3rd. Your funding pitch at the end is a much better appearance.

  • Jim Mathers

    I have lived in FL, CO and now CA. NJ is already bankrupt. Our Country is basically broke. Who cares if a billionaire saves millions in pocket change. I’ve lived in CA for ten years now and have no problems. A lot of this is hype. It depends on your personal situation. States balance out in taxes overall….license fees and other items. I lived it. Migrate anywhere you want; you will not escape death and taxes. Try to just move and see how much that costs. Thousands and thousands. The rich can afford to do what they want. Most of us cannot afford to lose a job or migrate anywhere. I am just thankful I am retired.

  • Richard Belf

    Why would anyone leave New Jersey??? Ever meet someone from Jersey?? Build that wall. Don’t let them out.

  • Gaurav Sharma

    I recently read someone’s blog on the Rothschilds history and plan. It’s all fuked up! Third world War is said to be planned between the West and Islam. Their aim is to bring population to 1 billion by spreading division.

  • Voitan

    Build a wall around California, don’t let them invade your state, or it’ll go to shit like theirs when election time comes.

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