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If You Want Good Tax Policy, Choose Jersey- but not New Jersey!

George257 Wrote: Nov 11, 2012 1:15 PM

All of this is no doubt true, but there is one thing Mr Mitchell does not mention. House prices. Even a tiny house in Jersey will set you back a million dollars or more. Houses are all designated as either Open Market or Local Market. If they are Local Market, only Jersey citizens can buy them. they are therefore cheaper, but still very expensive compared to the UK, let alone the US. But if a house is designated Open Market, the price will be higher still - eye wateringly expensive.

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Colonialgirl Wrote: Nov 11, 2012 1:51 PM

Perhaps that is more due to a limited availability of houses and land available for building. It may also be due to the HIGH demand from people looking to move to the tax haven of Jersey; If I was wealthy and near retirement, I would certainly do my best to move their and preserve my goods and wealth for my heirs and OUT of the greedy hands of the UK Government.

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If You Want Good Tax Policy, Choose Jersey- but not New Jersey!

I’m in Jersey, where I gave a speech last night.

But not New Jersey, the state where you shouldn’t die. That’s the state that many people have been fleeing because they don’t like paying confiscatory taxes to finance bureaucrats who make as much as $320,000 per year.

Instead, I’m in the Bailiwick of Jersey, which is a UK dependent territory off the coast of France. Jersey is a so-called tax haven, which I applaud because it helps

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