New Jersey Tax Changes

Published on October 24, 2016.

  Gas Tax Increase:  On October 14, 2016, Governor Christie signed a bill raising the gasoline tax 23 cents per gallon.  This gas tax hike, along with other related fuel taxes, will generate $1.23 billion in annual revenue used primarily for a $16 billion transportation program.  This is effective November 1, 2016. Sales Tax:  The sales tax is being reduced

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