There is a lot of anger about taxes in New Jersey, and for good reason-NJ regularly has the highest property taxes in the nation*. That anger spills over to discussions about the gas tax, which is unfortunate. Consider the following:
- 30% of gas taxes are paid by out-of-state residents
- NJ’s gas tax has not been raised since 1989.
- A low gas tax leads to delayed improvements to infrastructure
- Delayed improvements to infrastructure means more traffic
- Delayed improvements to infrastructure means more potholes
- Delayed maintenance means more expensive maintenance
So if you’re angry about taxes, think carefully about which ones you are angry about. Otherwise, we’re only hurting ourselves.
*Those property taxes pay for one of the best school systems in the country, but let’s set that aside for the moment.