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Murphy’s Latest Tax Hikes: Cigarettes, Casinos & Real Estate – Oh My!

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the staff of the Ridgewood blog

Trenton NJ, “The Only Taxes People Like Are the Ones Someone Else Pays” — But in New Jersey, You’re Probably Paying Them Too . If there’s one thing more certain than death and taxes, it’s New Jersey finding new taxes.

Starting August 1, smokers in the Garden State will find their wallets even lighter as a fresh round of cigarette and vape taxes goes into effect. Yes, that’s right — Gov. Phil Murphy and the Democrat-led Legislature have once again reached deep into the playbook of “creative revenue generation” and pulled out… even more taxes.

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NJ Poised to Raise Sales Tax on Cigarettes and Vapes in 2026 Budget

the staff of the Ridgewood blog

TRENTON, NJ — As New Jersey lawmakers finalize the $58.1 billion state budget for fiscal year 2026 — the largest in state history — one controversial item appears to be making its way into the final cut: increased sales taxes on cigarettes, vaping products, and internet gaming.

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Governor Phil Murphy Proposes Over $1 Billion in New Taxes in 2025 NJ State Budget Plan

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the staff of the Ridgewood blog

TRENTON NJ,  for the second consecutive year, New Jersey Governor Phil Murphy is seeking approval from state lawmakers of a massive $1 billion in new taxes and fees as part of his latest budget proposal. The sweeping tax increases come as the state’s annual budget inches closer to a record-setting $60 billion.

Continue reading Governor Phil Murphy Proposes Over $1 Billion in New Taxes in 2025 NJ State Budget Plan