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New Jersey Gas Tax Increases Today

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the staff of the Ridgewood blog

Trenton NJ, New Jersey’s gas tax will once again increase, though by less than a penny today Sunday, Oct. 1, thanks to a 2016 law meant to support transportation projects around the state.


That means the state’s total gas tax will rise to 42.3 cents, or 49.3 cents for every gallon of diesel, said an announcement from Gov. Phil Murphy’s administration this month.

Money from the gas tax goes to fund the $16 billion Transportation Trust Fund, a program used to pay for critical infrastructure projects such as roads and bridges across the state.

The Transportation Trust Fund (TTF) in political circles is often referred to as the Transportation Slush Fund, due to the fact that so much of the money is used for pet projects and other purposes .

The increase comes as drivers grapple with inflation and the price of gas. According to AAA, the average price per gallon was $3.66 as of Thursday. But New Jersey is in the midst of hurricane season, which gas and oil analysts warn could cause gasoline prices to surge overnight.
The state is also combating the loss of revenues as it pushes EV’s over gas powered vehicles . Electric vehicles use the roads but don’t pay gas tax.
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3 thoughts on “New Jersey Gas Tax Increases Today

  1. You can thank that fat POS Christie for this

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  2. Thanks Chris, a dimocrat wouldve raised it a buck.

  3. and the electric cars use the road tax free

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