Ivytalk wrote:CAA Flagship wrote:
What is your argument against this?
Where do I start? 1. Timing. 2. Magnitude (whatever happened to incrementalism) 3. Optics 4.
What does lame-foie gras Christie get in return from the Donk legislature?
For motorists, the higher gas taxes could come in early October. But it will be offset somewhat by a reduction in the sales tax from 7 percent to 6.875 in 2017 and 6.625 percent in 2018.
The sales tax is part of a package of tax cuts the lawmakers agreed to in exchange for the first gas tax hike since 1988. The compromise struck Friday afternoon also eliminates the estate tax, eases taxes on retirement income, boosts the Earned Income Tax Credit for the working poor and creates a tax deduction for veterans.
Meh. I really haven't been following this, but from that part of the article, I see this as a tax hike that will be partially paid for by non-NJ residents. And offset by tax cuts that NJ residents can benefit from. It's not like NJ residents that live close to the border with PA and NY are going to buy their gas outside of NJ. Their gas tax rates are still higher.