Tom MurphyOct 12, 2017, 11:37 pmOct 13, 2017, 12:12 pm

NJ named one of US's least 'Tax-Friendly' states

Kiplinger Tax Maps named New Jersey the 10th-least tax friendly state in the nation


According to Kiplinger Tax Maps, New Jersey is one of the 10 least tax-friendly states in the nation.

The study said that New Jersey residents spend an average of 12 percent of their income on their taxes, something that gubernatorial candidate Kim Guadagno emphasized at her debate with Democratic candidate Phil Murphy on Tuesday evening.

If there is any good news for residents, however, it's that New Jersey has actually fallen five spots in the rankings, from the 5th least tax-friendly state, to the 10th.

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Jersey City, New Jersey