Income inequality is so extreme, states rely on a handful of wealthy taxpayers

The New York Times, in an article titled, "One Top Taxpayer Moved, and New Jersey Shuddered," explains:

Our top-heavy economy has come to this: One man can move out of New Jersey and put the entire state budget at risk. Other states are facing similar situations as a greater share of income — and tax revenue — becomes concentrated in the hands of a few.

Read more here.

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