Pennsylvania/New Jersey Income Tax Arrangement

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http://blog.nj.com/njv_tom_moran/2011/11/nj_lets_wealthy_executives_liv.html

 

While the Treasury would benefit, middle-class residents of South Jersey who work in Pennsylvania would pay more.

 

The reason is that Pennsylvania’s code is more regressive. Wealthy people pay much more under New Jersey’s tax code. But middle-class people pay more under Pennsylvania’s. So Democrats from South Jersey revolted at the move to rescind the agreement.