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foot-trail t1_iryw9mi wrote

Reply to comment by InternetMedium4325 in Tax savings of moving to JC from NYC by InternetMedium4325

For now no, although there have been whispers of a 1% income tax. Regardless, it won't be 4% though. I spend a lot of time in NYC but was born and raised in Jersey, I'd live here regardless, but the 4% savings nice

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JCwhatimsayin t1_iryyeca wrote

I'm sitting here trying to do the math on how 4% of your salary is covering MOST of your rent!

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InternetMedium4325 OP t1_irywz7s wrote

Yeah that's no joke saving this much, good for you! I just accepted that a huge chunk of my paycheck goes to paying for the privilege of living in NYC...a sad realization haha.

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nycnola t1_is0rutf wrote

What rumors?

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foot-trail t1_is2ihz7 wrote

I don't recall specifically but it was being discussed last year, I think the BOE tax hike killed any of that discussion thought

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nycnola t1_is9tozn wrote

It was discussed in Reddit and promptly shut down.

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sutisuc t1_is19w4x wrote

They would have to amend the state law to establish a local income tax. I don’t see that happening any time soon.

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