Monday, November 27, 2017

In Greenwich and Manhattan, Tax-Hike Fears Fuel Talk of Exodus - Bloomberg

In Greenwich and Manhattan, Tax-Hike Fears Fuel Talk of Exodus - Bloomberg



...When Tepper moved his firm to Florida, forecasters warned it could jeopardize New Jersey’s budget because the firm generated more than $100 million in state income tax. 



In 2013, state income tax generated by residents of seven of the wealthiest towns in Fairfield County amounted to $1.8 billion, according to the Hartford Courant, or about 9 percent of the Connecticut state budget.


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