Despite multiple efforts proposed by lawmakers, Gov. Phil Murphy has steadfastly refused to support suspending New Jersey’s gas tax. The federal gas tax is 18.4 cents on gasoline and 24.4 cents on diesel. Biden would like to suspend both taxes through September.
It is unlikely pressure from President Biden will change Murphy’s mind, even though tax holidays have been successful in other states.
At 42.4 cents per gallon, New Jersey has one of the highest state sales taxes on gasoline in the U.S. If New Jersey did enact a gas-tax holiday to coincide with the federal action, New Jersey drivers could save 60 cents per gallon, dropping prices to nearly $4 a gallon.
Read More: Gas Stations Lower Gas Prices to Demonstrate Self-Serve Savings
Read More: New Jersey unlikely to heed Biden’s call for gas tax suspension
Comments
3 CommentsA heimishe yid
Jun 22, 2022Thanks to vaad for endorsing Murphy.
Fed up!!!
Jun 22, 2022Bh we have so many stupid yidden who blindly follow our corrupt “askanim” or the “vaad” and vote for these liberal garbage cans!
They don’t care obviously because they gettl all the programs possible while us, the hard working middle class are the ones suffering and paying more taxes to cover them!!!
Fed up!!!
Jun 22, 2022Bh we have so many stupid yidden who blindly follow our corrupt “askanim” or the “vaad” and vote for these liberal garbage cans!
They don’t care obviously because they gettl all the programs possible while us, the hard working middle class are the ones suffering and paying more taxes to cover them!!!