New jersey gas tax review could mean another gas tax hike to cover declining revenue

New Jersey Gas Tax Review Could Mean Another Gas Tax Hike to Cover Declining Revenue

By
July 27, 2020
1 min read

TRENTON, NJ – NJ Spotlight today reported there could be another increase in New Jersey’s already excessive gas tax this summer.  A board is set to review gas tax collection revenue at an August 15th meeting.  That board could determine a gas tax shortfall that could raise the now 41.3 cent per gallon tax even higher.  In 2018, Governor Christie increased the tax by 22.6 cents in order to refund the Transportation Trust Fund.

Read the full story here.

 

Photo by sippakorn yamkasikorn on Unsplash

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