Gas tax going up 23 cents in New Jersey

Gas tax going up 23 cents in New Jersey

PostBy: SWPaDon On: Sat Oct 01, 2016 1:33 pm

after Christie's deal with lawmakers

https://www.yahoo.com/news/gas-tax-goin ... 41978.html
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Re: Gas tax going up 23 cents in New Jersey

PostBy: VigIIPeaBurner On: Sat Oct 01, 2016 2:04 pm

That'll fund the Transportation Trust Fund (TTF) that's been bankrupt since August but it digs a 1.6 billion hole in the state budget over a few years. They say it takes NJ from the 2nd cheapest gas tax to the 7th highest but still less than PA, NY and CT. Sales tax gets progressively cut a few 10ths of a cent, estate tax progressively eliminated, I think there's a 5 fold reduction on pension taxes, and a special deduction for veterans. One legislator from Woodn'Coal's corner of the state calls it a retention plan saying it'll keep pensioners and rich people from leaving :funny:

Christie and the legislature have been dragging their feet about this for a while on this. I think the gov even borrowed 3 billion for the TTF. More debt. Seems funny he signed it days after the train wreck in Hoboken that killed 1 and injured ~100 people. That commuter line was given a waver on the PTC system other rail lines are using to stop similar crashes. They didn't have the money, like most of us.
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Re: Gas tax going up 23 cents in New Jersey

PostBy: davidmcbeth3 On: Sat Oct 01, 2016 5:57 pm

Is this an ADDITIONAL 23 cents or would it now be AT 23 cents.
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Re: Gas tax going up 23 cents in New Jersey

PostBy: SWPaDon On: Sat Oct 01, 2016 6:50 pm

Additional
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Re: Gas tax going up 23 cents in New Jersey

PostBy: davidmcbeth3 On: Sat Oct 01, 2016 8:13 pm

SWPaDon wrote:Additional


Ahhh...folks in NJ getting screwed .... can you fill your own car now LOL
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Re: Gas tax going up 23 cents in New Jersey

PostBy: VigIIPeaBurner On: Sun Oct 02, 2016 10:11 am

davidmcbeth3 wrote:Is this an ADDITIONAL 23 cents or would it now be AT 23 cents.


Yes, additional. I think this will put it at $0.35/gal but I'm also recalling 37¢/gal.

davidmcbeth3 wrote:
SWPaDon wrote:Additional


Ahhh...folks in NJ getting screwed .... can you fill your own car now LOL


Screwed? PA's tax is higher, IIRC. I recall a few years ago PA decided on a higher gas tax combined with a lower state income tax.

Haven't heard that's changing. Wife and daughter love it! I've never had a problem if I want to fill it myself if the pump operator is swamped. They usually appreciate it.
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Re: Gas tax going up 23 cents in New Jersey

PostBy: SWPaDon On: Sun Oct 02, 2016 11:37 am

Nj. is currently at 14.5 cents per gallon, Pa. is 41.8, NY. is 49.8. Here is a map of who pays what:

http://taxfoundation.org/blog/map-state ... rates-2014
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Re: Gas tax going up 23 cents in New Jersey

PostBy: VigIIPeaBurner On: Sun Oct 02, 2016 12:26 pm

SWPaDon wrote:Nj. is currently at 14.5 cents per gallon, Pa. is 41.8, NY. is 49.8. Here is a map of who pays what:

http://taxfoundation.org/blog/map-state ... rates-2014


That adds up to 37.5¢/gal. with the 23¢ increase. Thanks for chasing that down 8-)
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Re: Gas tax going up 23 cents in New Jersey

PostBy: samhill On: Sun Oct 02, 2016 1:09 pm

At least N.J. is getting the money, the last "fee" in Pa. that shot up the cost of our gas goes to & is controlled by (I believe) the supplier. Anyhow we pay more but get nothing infrastructure wise from the state & it still looks like our state gas tax hasn't gone up!
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Re: Gas tax going up 23 cents in New Jersey

PostBy: SWPaDon On: Sun Oct 02, 2016 2:04 pm

samhill wrote:At least N.J. is getting the money, the last "fee" in Pa. that shot up the cost of our gas goes to & is controlled by (I believe) the supplier. Anyhow we pay more but get nothing infrastructure wise from the state & it still looks like our state gas tax hasn't gone up!

Anytime a tax increase is instituted against the manufacturer or a supplier, it is always passed onto the consumer. Just like with the natural gas drilling here in Pa., any type of extraction tax/fee that is added, the end consumer will pay for it. It doesn't affect the natural gas companies at all, except to increase the dollar amount they sell it for.
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Re: Gas tax going up 23 cents in New Jersey

PostBy: coalnewbie On: Sun Oct 02, 2016 7:42 pm

Yes but there are upsides. This is what happens when you elect a liberal moron and support him. Psst, Christie is a RINO and always has been.

http://www.nj.com/opinion/index.ssf/201 ... licie.html
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Re: Gas tax going up 23 cents in New Jersey

PostBy: samhill On: Sun Oct 02, 2016 7:53 pm

Thank you for kindly explaining that SWP, naturally I had no idea. Could you simplify the fact that we are paying more but the state is not getting it for me, I'm not totally sure how that worked out, thanks in advance. :oops:
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Re: Gas tax going up 23 cents in New Jersey

PostBy: davidmcbeth3 On: Sun Oct 02, 2016 8:12 pm

coalnewbie wrote:Yes but there are upsides. This is what happens when you elect a liberal moron and support him. Psst, Christie is a RINO and always has been.

http://www.nj.com/opinion/index.ssf/201 ... licie.html


He's a hippo !
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Re: Gas tax going up 23 cents in New Jersey

PostBy: SWPaDon On: Sun Oct 02, 2016 8:21 pm

samhill wrote:Thank you for kindly explaining that SWP, naturally I had no idea.



This I really do believe.
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Re: Gas tax going up 23 cents in New Jersey

PostBy: samhill On: Mon Oct 03, 2016 8:09 am

So then kindly splan it please SWP, I already thanked you in advance!
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