Hedge Billionaire’s Move Puts New Jersey Tax Rates in Spotlight

(The Daily Mail) The departure of one New Jersey resident to Florida has gotten so much attention that lawmakers are calling for changing the state’s tax structure…. The spotlight turned to hedge fund manager David Tepper this week when legislative budget forecaster Frank Haines cited the billionaire’s move to Florida as a potential factor in how much income tax revenue the state brings in. Income tax revenues make up the biggest share of cash in state coffers…

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