The governor tells us that New Jersey is driving away rich people by imposing high income taxes.

But the facts keep getting in his way. State tax records show that the number of households earning more than $500,000 nearly doubled in the last decade, when tax rates rose.

Now a new study finds that New Jersey ranks third in the nation in the portion of its population comprised of millionaires, excluding the value of their homes.

Yes, many older people leave for retirement, as they always have, and we lose money on that. But New Jersey remains an attractive place for young families to settle, and to get rich.

That may not fit well with the governor’s agenda. But those are the facts.