The state Senate is expected take up the issue Thursday. But Democratic State Senate President Steve Sweeny said he was in the dark about it, and other senators — including some Republicans — are speaking out against the plan.
That was a big reason why I visited my sisters in Jersey!
I’ll bill them.
Norquist needs to be deported to Saudi Arabia.
I’m skeptical of a flip flop of taxes such as this.
So, they will raise the gas tax in exchange for a cut in the sales tax.
The problem is, will they quietly raise the sales tax back up to where it was before, somewhere down the road? Then the total tax burden will indeed be greater than it is now. And their touting this as “revenue neutral” or “tax neutral” will be a falsehood.
I think Christie just played the Democrats on this one, give them a tax hike the want with a tax decrease they don’t want.
That way they veto it and he can point to them as being the problem and uncooperative
Christie knew this was a goner before he supported it. He basically “Obama’d” the New Jersey Democrats on this. He is forcing the Rats to veto their own bill, genius.
Just what the government needs - more tax money to p*ss down the toilet.
“He said the sales tax cut from 7 percent to 6 percent phased in over 2017 and 2018 will cost about $1.3 billion, while the gas tax hike is estimated to bring in roughly the same amount. The result will be a net neutral tax on residents, he said. Legislative estimates, however, suggest the state could lose up to nearly $2 billion a year.”
From the article it’s unclear if the sales tax cut applies only to gasoline or all taxable sales. If it does, what they are doing is shifting the tax burden to a narrower base of just motorists. the problem we have here in California is that our gas is taxed by the gallon and then a sales tax is added to all of it, and worse yet, the money, which is supposed to go for vehicular infrastucture, is purloined for bike paths, public transit and even welfare. I just can’t wait for the whole shebang to crash! I hope I live to see it!
They (Republicans) raised the gas tax 28 cents a gallon over a five year period back at the end of 2013 here in Pennsylvania.
Christie is cut from the same RINO cloth and I guess his endorsement of Trump was designed to cover this latest act of business as usual tax and spend politics from him.
Cutting the sales tax and raising the gas tax is a shell game, bait and switch trick against the taxpayers of NJ.
I’m considering buying a new car, without a “trade in”< price $40,000, sales tax $2500. I thought about buying in a low or no sales tax state but quickly found out that that won’t work, unless I move to the state where I bought it.
Also thought about buying it with my 01.5% cash back credit card, thereby getting $600 back from my credit card company and paying the credit card debt within one month.
Dealer said, no way Jose.
Send norquist to arabiA and keep Christie the hell off the ticket! Jersey state politics needs a genuine cleanup. And much lower taxes! The political hacks are destroying the state and economy
Every governor in the last 30 years has used the gas tax money as a slush fund, so this is some improvement. Unfortunately, you can't know if this is just the initial bid and something worse is expected.
It's Jersey, I expect worse to come.
We will tolerate no tax increases Chris. You are now out of the Administration. We cut taxes only except on hedge fund cheats. You capitulated. Bye.
Of course the following is bull crap but- a consumption/sales tax is preferable to a slave labor tax on income. A specific consumption tax is more preferable to a tax on all consumption everywhere. Other than that CC and GN are loons for feeding the leviathan no matter the logic.
“He said the sales tax cut from 7 percent to 6 percent phased in over 2017 and 2018 will cost about $1.3 billion, while the gas tax hike is estimated to bring in roughly the same amount. The result will be a net neutral tax on residents, he said.”
The gas tax will be easier to raise going forward.
I say cut the sales tax and don’t raise the gas tax, cut spending.
Please keep this asshat off the ticket.