New Jersey to Drastically Hike Gasoline Tax

Stateline: With the Legislature’s vote and acquiescence from Republican Gov. Chris Christie, New Jersey is about to go from having the second lowest gasoline tax in the country (after only Alaska) to one of the highest.

As soon as Christie signs the bill, which he has pledged to do, or on Nov. 1 (whichever comes first), the state’s current 14.5 cents a gallon tax will go to 37.5 cents a gallon. That’s still lower than neighboring New York (49.6 cents a gallon) and Pennsylvania (41.8 cents), but will rank New Jersey seventh highest in the country in gas tax (between Connecticut and Florida), according to the Tax Foundation, a non-partisan tax study group.

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