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New Jersey Math

In his crowd-pleasing speech at the 4% Growth Project conference on tax policy, Governor Chris Christie reminds us that when he took office in...

In his crowd-pleasing speech at the 4% Growth Project conference on tax policy, Governor Chris Christie reminds us that when he took office in 2010, New Jersey had the most government workers per square mile in the nation. The state was “overtaxed and overregulated.” By percentage it had the largest state deficit in the nation, despite the state’s high taxes. He gave an example of “New Jersey math” at work then: “Even if you’re not a millionaire we’ll tax you like one.”