People Flocking To Low-Tax States

Incentives matter.

Low-tax states attract budget-conscious Americans: (Reuters) - "Bob VanSickle was a lifelong New Jersey resident, but when he left after 52 years for what he calls "kinder, gentler" New Hampshire, he never looked back. It wasn't the warm fuzzies that won him over; it was the lower taxes on income, property and purchases. "This is great," he said, seven years later. "I'm still paying less now than I was when I left New Jersey." VanSickle estimates that he and his wife Anna save as much as $15,000 annually on taxes alone because they live in New Hampshire. "That's a year's tuition for my kid -- a lot of disposable income," he said. "After I tell my old friends in New Jersey, they are all planning on moving out of the state," he said."