Regardless of Chris Christie being a Republican (and a seriously squishy one at that), New Jersey is primarily run by Democrats at the state level, and has been for quite some time. How’s that working out?
(NJ.com) The lure of lower taxes, a cheaper cost of living, more access to critical transportation networks, key manufacturing plants and about $50 million in incentives has sealed it –– German automaker Mercedes-Benz is departing Bergen County for Atlanta. And with it, potentially close to 1,000 jobs.
By the numbers, the article notes that MB will save 20% in operating costs, and will certainly save quite a bundle in property taxes over the $916k they pay in NJ.
3. Mercedes-Benz’s pending departure represents the third major relocation from Bergen County in the last few years. Hertz announced in 2013 would be shipping off 550 jobs from Park Ridge to sunny Florida. Then, last year, Sealed Air said it would be relocating 200 jobs from Elmwood Park to Charlotte, N.C. Mercedes had also been courted by two cities in North Carolina before ultimately selecting Atlanta, the Atlanta Journal-Constitution reported.
There is also a concern that BMW will move their corporate office out of NJ, seeing as how they have a major manufacturing plant in South Carolina.
High taxation, high cost of living, government interference, etc, the Blue State Model, all create business issues which cause relocation.
