Tag: gas tax

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Reader says Gas Tax Increase Directly Effects Fuel Purchases

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The morons in Trenton will never get it. When the original fuel tax increase went through I asked the manager of a truck stop in Mahwah if it had an effect on the volume of diesel fuel sold. He said absolutely . Truckers can take on 200 gallons or more, and since nj raised the tax the price was no longer competitive, so there was no incentive to buy fuel here. So this is what happens when morons run the state. By the way I notice the roads are worse than ever. Massive holes with metal rebar protruding on most places where the ashphalt meets concrete bridges. Holes between the lanes such as route 46 where the paving job was substandard years ago. And the old bag granny Weinberg earmarks 2 billion of this money to extend the failing njtransit light rail to englewood and teanack

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New Jersey Gas Taxes Set to Raise October 1st

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the staff of the Ridgewood blog

Trenton NJ as expected ,the price of gasoline is set to increase further in New Jersey. The state Treasury Department announced Thursday that starting Oct. 1 the New Jersey gas tax will increase by 4.3 cents per gallon. The department claims  that lower fuel consumption levels over the past two years necessitated the price increase “in order to ensure compliance with the 2016 law that requires a steady stream of revenue to support the state’s Transportation Trust Fund program.” As more people flee the state , and gas prices raise it seems certain that consumption will further decrease .

Continue reading New Jersey Gas Taxes Set to Raise October 1st

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Again New Jersey Ranks Worst in Tax Climate for Business

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file photo by Boyd Loving

October 30,2017

the staff of the Ridgewood blog

Ridgewood NJ, in the Tax Foundation’s annual comparison of state business climates New Jersey has once again ranked at the bottom of U.S. states  as it has since at least 2015.

While neighboring states  Delaware 15, Pennsylvania 26, Connecticut 44 , and New York 49.

The think tank ranked New Jersey 36th in unemployment insurance tax, 42nd in corporate business taxes, 46th in sales taxes, 48th in individual income taxes and dead last in number 50 in property taxes.

Joining New Jersey at the bottom of the ranking were New York, California, Vermont, Minnesota, Ohio, Connecticut, Maryland, Louisiana and Rhode Island.

Over two million people left New Jersey between 2005 and 2014, taking billions of dollars in income and economic activity with them, according to a state business group that blames high taxes for the exodus. Is anybody listening ?

 

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New Jersey Motorists seeing sharply higher gas prices

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file photo by Boyd Loving

August 8,2017

the staff of the Ridgewood blog

Ridgewood NJ, A great big shout out to Senator Bob Gordon, Assemblymen Tim Eustace and Joe Lagana, for voting YES for the gas tax. There’s going to be lots of pain at them pump because of them.

Motorists are seeing sharply higher prices at the pumps in New Jersey. According to AAA Mid-Atlantic the average price of a gallon of regular gas in the state on Friday was $2.43. That’s up 7 cents from last week.

Motorists were paying $1.92 for gas at this time last year. A 23-cents-per-gallon gas tax increase went into effect Nov. 1.

This now marks the fourth straight week that gas prices have risen in the state of New Jersey and New Jersey is now out pacing the national average gas price on Friday $2.34, up 4 cents from last week.

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New Jersey Drivers Pay the Bulk Road Infrastructure Costs though taxes and tolls

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file photo by Boyd Loving

July 26,2017

the staff of the Ridgewood blog

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 .

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There was a lot of money behind last year’s push to raise N.J.’s gas tax

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By Samantha Marcus | NJ Advance Media for NJ.com
on March 02, 2017 at 7:02 PM, updated March 02, 2017 at 7:57 PM

TRENTON — One of the state’s leading proponents in last year’s fight to raise the gas tax for the Transportation Trust Fund spent nearly $4.4 million lobbying last year, according to an Election Law Enforcement Commission analysis.

The Engineers Labor Employer Cooperative more than quadrupled its spending over 2015, making it the highest-spending special interest organization in 2016.

Total lobbying in the state last year reached $68.3 million, a slight drop from the year prior, but still one of the most expensive years on record, the commission said.

The engineers cooperative, embarked on an ad campaign pushing both the 23 cent gasoline tax hike and a constitutional amendment dedicating all tax revenues to the Transportation Trust Fund, beat out even the deep pockets of the New Jersey Education Association, the state’s prominent teachers union.

https://www.nj.com/politics/index.ssf/2017/03/nj_groups_spent_5m_to_promote_gas_tax_hike_last_ye.html#incart_2box_nj-homepage-featured

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Why this could be the last week for cheap gas in N.J.

gas tax nj

By Larry Higgs | NJ Advance Media for NJ.com
on February 20, 2017 at 8:32 AM, updated February 20, 2017 at 11:15 AM

This week for gas prices might be like the last hours of a great party that you wish could last longer, but you know is starting to wind down.

On Friday, the average price for regular in the state was $2.32 a gallon, but discount stations ranged between $2.07 and $2.09, GasBuddy.com reported. An average price of $2.20 or less wasn’t hard to find.

There are two factors that drivers can thank for keeping prices low at the pump — lousy demand for gas and tremendous supplies of it. But low gas prices aren’t going to last much longer, experts said.

https://www.nj.com/traffic/index.ssf/2017/02/why_this_could_be_the_last_week_for_cheap_gas_in_nj.html#incart_river_home

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NJ Gas Tax increase Takes its Toll

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file photo by Boyd Loving
January 10,2017
the staff of the Ridgewood blog
Ridgewood NJ, guess that 23-cent-per-gallon increase in the gas tax take has finally taken effect. Drivers report a surge in New Jersey Gas Prices.

In the well-publicised deal, with Governor Christie, Democrat Senate President Steve Sweeney and Democrat Assembly Speaker Vincent Prieto agreed to the huge gas tax increase.

Prices of regular unleaded gasoline in June were around $2.10 and now prices seem to have stabilized at $2.33. While other media sources are filled with wild stories of OPEC meddling and Russian hacking conspiracies, in the words of former President Bill Clinton its the “TAX” stupid.

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Confusion reigns after promised state boost for local transportation doesn’t arrive

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By RYAN HUTCHINS and KATHERINE LANDERGAN

12/05/16 05:45 AM EST

It was one of the biggest selling points for the state’s new infrastructure plan, often cited as a reason to support the state’s first gas-tax increase in decades: The new legislation more than doubles the amount of transportation aid provided to counties and municipalities, helping to finance badly-needed road projects across the state.

A day before Gov. Chris Christie signed the legislation in October, local and county officials stood with lawmakers in Trenton to give the Republican governor a final nudge across the finish line — and to celebrate.

https://www.politico.com/states/new-jersey/story/2016/12/confusion-reigns-after-promised-boost-in-local-transportation-doesnt-arrive-107788?utm_campaign=Observer_NJ_Politics&utm_content=New%20Campaign&utm_source=Sailthru&utm_medium=email&utm_term=New%20Jersey%20Politics

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A strange thing is happening in the world of N.J. gas prices

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By Larry Higgs | NJ Advance Media for NJ.com
on November 14, 2016 at 8:56 AM, updated November 14, 2016 at 5:22 PM

A strange thing is happening in the world of gas prices.

Discount prices at some gas stations aren’t such a discount anymore and are being separated by less than a dime a gallon from gas prices at some name brand stations.

Naturally, the caveat in finding those prices is smart shopping and access to a state highway with a selection of gas stations. But the numbers are bearing this out, which can be seen by checking the map on GasBuddy.com before getting behind the wheel.

A survey of gas station on Route 22 in Union on Friday yielded a Sunoco and an Exxon priced at $2.19 a gallon, within seven cents a gallon of an unbranded Fuel Stop. Route 28 in Cranford was a little higher, with a Sunoco priced at $2.25 while a generic station named “Gas” was at $2.15, GasBuddy reported.

https://www.nj.com/traffic/index.ssf/2016/11/a_strange_thing_is_happening_in_the_world_of_nj_gas_prices.html?utm_campaign=Observer_NJ_Politics&utm_content=New%20Campaign&utm_source=Sailthru&utm_medium=email&utm_term=New%20Jersey%20Politics#incart_river_home_pop

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Bergen Democrats Unanimously Supported the Gas Tax Hike !

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November 7,2016

the staff of the Ridgewood blog

Ridgewood NJ, Locally Bergen County Republicans were united in OPPOSITION to the new 23 cent a gallon gasoline tax hike (plus annual increases). But Bergen’s Democrats SUPPORTED the TAX HIKE just as unanimously!

And the only way to stop similar ripoffs here in Bergen County is to support the Republican Taxpayer Watchdogs: DeNicola, Driscoll and DiDio for Freeholder, Alfonso for Sheriff, Olmo for Clerk and Avery for Surrogate.

Support your Column One Republican Taxpayer Team when you go to the polls and vote.

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Half of NJ’s new gas tax is being used to pay back old debt. Can state curb trend?

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By Michael Symons November 2, 2016 7:21 PM

Over the last seven years, more than $99 of every $100 spent on transportation projects by the state Department of Transportation and NJ Transit has been borrowed.

From 2010 to 2016, less than $76 million out of almost $9.4 billion in cash outlays have been from current revenues, according to the Transportation Trust Fund Authority.

The rest has come from borrowing that has contributing to nearly $16 billion in debt. Yearly payments on that debt will be around $1.3 billion through 2029, then more than $1 billion annually for a dozen years after that.

Read More: Half of NJ’s new gas tax is being used to pay back old debt. Can state curb that trend? | https://nj1015.com/half-of-njs-new-gas-tax-is-being-used-to-pay-back-old-debt-can-state-curb-that-trend/?utm_campaign=Observer_NJ_Politics&utm_content=New%20Campaign&utm_source=Sailthru&utm_medium=email&utm_term=New%20Jersey%20Politics&trackback=tsmclip

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Vote NO on Question #2 on Election Day

Sweeney & Prieto

November 2,2016

the staff of the Ridgewood blog

Ridgewood NJ, Vote NO on Question #2 on Election Day. By doing so, WE THE PEOPLE can push back the gas tax increase.

“New Jersey voters have a chance to force Trenton lawmakers to go back to the drawing board on Election Day by opposing a ballot referendum question that would allow New Jersey to amend its constitution to dedicate the revenue from the gas tax to fund the Transportation Trust Fund.”

The Ballot referendum question would allow New Jersey to amend its constitution to dedicate the revenue , that’s a euphemism a constitutional amendment to automatically raise your taxes every year!

Voting no on the measure would force lawmakers back to the bargaining table, according to Lt. Governor Kim Guadagno, who spoke recently on NJ101.5’s Bill Spedia radio show.

“A vote for number two is a vote for the gas tax,” Guadagno said. ‘If you like the gas tax, then you’re going to like number two.'”
#VoteNoOnTwo

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Say Good-bye to Cheap Gas , Say Good-bye to one of the last Reasons to Live in New Jersey

Sweeney & Prieto

November 1,2016

the staff of the Ridgewood blog

Ridgewood NJ, The nation’s second-lowest gas tax ended officially at 12:01 a.m. on Tuesday, Nov. 1, and was replaced by one of the highest per-gallon rates in the nation , The .23 cent increase gives New Jersey now 37.5 cents-per-gallon.

While the party line from Trenton is that money will be used to refill the depleted TTF or Transportation Trust Fund providing the money New Jersey bridges and roads need for a massive investment .

A few things to keep in mind when you pay up at the pump;

The average cost of road repair in the US is $39,000 per mile but in NJ it’s $2 million a mile; New Jersey spends eight times the national average on its state-controlled highways.

The Reason Foundation says New Jersey spends just over $2 million per state-controlled mile on construction, maintenance and administration, triple the roughly $675,000 spent by the next-highest state, Massachusetts, and more than eight times the national average of $39,000. I call it “out of control” spending.

The state DOT disputes that number. But with reports the reconstruction of Route 35 were more than $27 million per mile, it’s clear our costs are out of control.

The state of New Jersey funds highway, bridge, and rail projects through its Transportation Trust Fund, which relies on borrowing and gas tax revenue to contribute $1.225 billion to the state’s overall $1.6 billion construction budget this year. Can anyone say “Ponzi Scheme” ?

Why the deficit and lack of funds? Is it because the corruption in Trenton has already used these allocated tax monies to offset other programs, loans, or deficits. Bad deals are made by politicians looking to get elected, guaranteeing political donations from unions, keeping project labor agreements and prevailing wages artificially inflating the costs of road work.

By some accounts, New Jersey spends the 3rd most of any state on transportation funding.

So as we say good bye to cheap gas perhaps you are also saying good bye to one of the last reasons left  for living in New Jersey .Let’s face it New Jersey is last in almost everything and being the worst place to live is also even getting more expensive.
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Days of cheap gas coming to a sad end in New Jersey

gas tax nj

BY BRUCE SHIPKOWSKI
THE RECORD

JACKSON  — The end has come for a long-celebrated tradition for Pennsylvania and New York drivers: Starting Tuesday, cheap gas in New Jersey is a thing of the past.

Cheap gas has long been the siren that lured drivers in neighboring states to New Jersey. And since residents there pay the highest property taxes in the nation, drivers have always seen the low fuel prices as one of the ways to keep down the cost of living in the nation’s most densely populated state.

https://www.northjersey.com/news/days-of-cheap-gas-coming-to-a-sad-end-in-new-jersey-1.1685132