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.
Personal income tax. New Jersey's tax system collects income taxes from its residents based on six or seven brackets, depending upon filing status. Single taxpayers and married taxpayers filing separate returns face six rates: 1  1.4 percent on the first $20,000 of taxable income. 2  1.75 percent on taxable income between $20,001 and $35,000.