Re: Does a gas tax holiday make sense for New Jersey? Here's why it's complicated
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Home away from home
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doesn't nj already have very low gas taxes? maybe use "windfall" to better fund nj transit and other mass transit
Posted on: 2022/3/28 17:14
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Does a gas tax holiday make sense for New Jersey? Here's why it's complicated
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Home away from home
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Does a gas tax holiday make sense for New Jersey? Here's why it's complicatedWith soaring gas prices and other costs from inflation, politicians are feeling pressure to give residents some kind of relief, particularly at the pump. Maryland and Georgia have rolled back or temporarily paused their state gas tax in recent weeks, and California proposed a gas tax rebate in hopes of giving residents a break. The Garden State is considering similar steps. State Sen. Shirley Turner, D-Mercer, said she would introduce a bill Thursday to lower the state gas tax from 42.4 cents to 14.5 for 60 days, and state Sen. Ed Durr, R-Gloucester, introduced a bill this month to give some families a $500 gas tax credit. "We have found it’s the low- and middle-income and retirees on fixed incomes that are suffering the most," Turner said. "They are experiencing excruciating pain at the pump, because on top of the increase in the cost of the gasoline, they are also suffering most from inflation, because we’re at historic highs." https://www.northjersey.com/story/news ... ump-inflation/7128627001/
Posted on: 2022/3/23 17:58
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