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.
Read the full story here.
*Those property taxes pay for one of the best school systems in the country, but let’s set that aside for the moment.