By Dr. Rikki Racela, WCI Columnist

They say a picture is worth 1,000 words, so let the following picture of my state taxes owed explain why I hate New Jersey:

Yes, you read that right! No photoshopping, no deep faking. This picture shows that my wife and I owed close to $100,000 in New Jersey state tax. That’s a cool $1 million every 10 years going to the Garden State (yes, despite New Jersey having the stereotype of being overrun by pollution, overpopulation, urbanization, and The Sopranos, it is actually nicknamed the Garden State).

That is $100,000 per year not going toward retirements, not going to attaining our financial goals. That’s money we don’t get to blow on an all-inclusive vacation. Wait, check that . . . that’s 5-6 all-inclusive vacations for our family of four—instead of being on a beach sipping margaritas 5-6 weeks out of the

Keep reading this article on The White Coat Investor.

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