file photo by Boyd Loving
July 26,2017
Ridgewood NJ, according to the Tax Foundation Gas taxes are typically used to fund infrastructure maintenance and new projects, but the share of state and local road spending that is covered by tolls, user fees, and taxes varies drastically. It ranges from only 12 percent in Alaska to 76.3 percent in Hawaii.
New Jersey drivers pay the fifth-highest share of the cost to fund roads and bridges, with motorists kicking in 67 percent of the price tag through taxes and tolls, according to the Tax Foundation Study .
New Jersey only ranks behind Hawaii, Delaware, New York and Florida of states where local revenues pay a majority of road costs.
While the study did conclude that , “States should attempt to fund infrastructure through user taxes and fees as much as possible, internalizing the costs associated with using the state’s transportation systems” . Its once again disappointing yet expected that New Jersey continues to lead the nation in all the wrong things .