Article

2016-11-02 Economy

New Jersey raises gasoline tax .23 cents per gallon

[NPR] For years, New Jersey drivers enjoyed relatively cheap gas -- thanks to one of the lowest state gasoline taxes in the country. The state's gas tax hasn't gone up since 1988. But that all changed Tuesday, when it jumped by 23 cents a gallon.

Across the state on Monday, drivers raced to fill up their tanks before a tax hike took effect.

"I already went to a couple of different stops, and they were out of regular gas," said Tobin Gringras, as he topped off his tank at a gas station in Hoboken, right across the river from New York City. "So obviously there's a lot of people that are filling up right now."

"I'm speechless, cause I really relied on this," said Jazmine Rogers, who commutes from Ellenville, N.Y., about 90 miles each way. "It's gonna hit my pockets hard, unfortunately."

James O'Connor of Hoboken was skeptical that New Jersey will spend its new windfall wisely. "I just hope it's used for what it's supposed to be used for," he said. "You know, it's supposed to be for roads and bridges and so forth. They put these taxes on, and where's it go?"

There's no doubt that New Jersey's roads are in bad shape. The state's transportation trust fund ran out of money this year. So lawmakers reached a bipartisan deal to raise the state's gas tax by 23 cents a gallon, to 37.5 cents. Gov. Chris Christie says the deal will generate billions of dollars a year for transportation projects, and allow the state to lower the sales tax and phase out the estate tax altogether.
Con't.

Posted by Besoeker 2016-11-02 00:00|| || Front Page|| [11135 views ] Top

#1 James O'Connor of Hoboken was skeptical that New Jersey will spend its new windfall wisely.

Bwahaha! That's almost as funny as wiping a server with a cloth!

Posted by gorb 2016-11-02 03:41|| 2016-11-02 03:41|| Front Page Top

#2 Gov. Chris Christie says the deal will generate billions of dollars a year for transportation projects, and allow the state to lower the sales tax and phase out the estate tax altogether.

No mention of impacts to consumer goods, bread, milk, fuel costs for school buses, public transport. The hidden taxes increases paid by everyone.

Posted by Besoeker 2016-11-02 03:59|| 2016-11-02 03:59|| Front Page Top

#3 As your Al Smith was fond of saying "Lets look at the record.".

Posted by g(r)omgoru 2016-11-02 04:04|| 2016-11-02 04:04|| Front Page Top

#4 The state's gas tax hasn't gone up since 1988.

My gawd, where's the graft in that? More money, more money, more money!

James O'Connor of Hoboken was skeptical that New Jersey will spend its new windfall wisely

Literally throwing gasoline on a fire (as government burns through money).

At least living in a poor and largely rural state, even here the Donks raise concerns about how such increases effect the working poor.

Posted by Procopius2k 2016-11-02 07:08|| 2016-11-02 07:08|| Front Page Top

#5 even with the increase, NJ State fuel tax will be less than NY (about 43c)or PA (about 54c) which are its biggest competitors for biz

Posted by lord garth 2016-11-02 11:24|| 2016-11-02 11:24|| Front Page Top

#6 Gas prices have dropped by about half at the pump, probably permantly, and tax revenue fell as a result. Overall, consumers are still ahead of where they were.

Posted by trailing wife 2016-11-02 13:20|| 2016-11-02 13:20|| Front Page Top

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