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I'm a NJ resident and try to be philosophical about taxes. If I'm paying taxes, it means I'm making money. The thing about states with high state income taxes is that they also tend to have high property taxes in the regions of these states where the high incomes are earned. And those property taxes are often times higher than the federal $10,000 deduction cap on state and local taxes all by themselves. And before the tax and mortgage interest deductions were put in place, I used to lose some of those deductions through both the deduction phase-out and the Alternative Minimum Tax, AMT or the government's ATM. High class problems, I know! We make our choices about where we want to live for a variety of reasons. One thing we can probably all agree on is that the federal tax system should be fair to all so that all individuals and corporations pay their fair share. Getting to agreement on what is "fair" is difficult, if not impossible!
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