The late 1860s and 1870s were a period of breakneck railroad construction and consolidation. Although it is commonplace to dwell on the completion of a transcontinental rail line in 1869, the extensive reconstruction and expansion of southern railroads destroyed during the Civil War was of equal importance.
Originally Posted by snopes. Comment: there is this rumor that keeps circulating around Monmouth county. New Jersey, that when selling your house and relocating out of state, that. you have to pay a New Jersey Exit Tax-up to 1% of the sell price....what.
And he wouldn't budge unless the state's sales tax, which is paid by everyone, was cut. The final deal did include a lower sales tax. But it will drop by just a three-eighths of a percentage point when fully phased in, leading some to wonder whether New Jersey residents will notice the difference.