More tax revenue?

OK, this one will be quick and to the point. Word came out today that NJ is expecting an additional $300M more in tax revenue this year and this in turn will go towards higher homestead rebates. Taxpayers are rejoicing and Governor Chris Christie and his brainwashed followers are taking to the web to proclaim the Governor's policies a success. So I wondered, how is this a success? Where is this money coming from?

I asked a person who goes on Twitter as Capt. Republican, a loud mouthed poster child for the unintelligent. Sorry, had to take the dig. This person claims people are making more and thus paying more in taxes which means higher revenues.

Let me make sure the readers at home get this. PEOPLE ARE MAKING MORE MONEY AND SO THEY ARE PAYING MORE TAXES. If that is true, and a person making $200K is taxed at (let's use simple math here) 10%, they pay $2000 in taxes. Let's apply the same logic to the "Millionnaire's Tax" which Christie vetoed and vows to never restore. A person making $1M, taxed at 10% brings in $100K. You make more, you pay more.

So now I ask you out there, shouldn't we tax the higher wage earners more? Wouldn't that bring in more revenue? They are paid more, they'll pay more. Or they'll pay the same and simply use loopholes to avoid the additional taxes.

The Christie clan claims the millionnaires will flee the state if we tax them. I challenge you, find me one person of millionnaire status that has moved from NJ and will go on the record as saying they left because taxes were too high. Cause you know I don't see a lot a vacant properties in Englewood Cliffs, I believe Chris Rock and Eddie Murphy still own residences there. I know Bruce Springsteen lives in NJ and Jon Bon Jovi still has a house here. New Jersey is known as one of the more affluent states. There was a point in time when Bergen County ranked as one of the most exclusive and affluent areas to live.

Provide proof to back up the claims. I just never seem to see that.