Fair 15°
Tag:

Gas Tax

News
NJ's Gas Tax Jumps Again: Here's How Much You'll Be Paying At The Pump NJ's Gas Tax Jumps Again: Here's How Much You'll Be Paying At The Pump
NJ's Gas Tax Jumps Again: Here's How Much You'll Be Paying At The Pump Start saving those pennies, New Jersey. Come Jan. 1, 2025, the gas tax is getting a New Year’s makeover — up by 2.6 cents per gallon, the state's Treasury Department announced Monday, Dec. 2.  Consider it your annual donation to the potholed paradise we call home. This bump, which nudges the total tax on gas to 44.9 cents per gallon (diesel drivers, you're coughing up 51.9 cents), is all part of the state’s plan to fund critical transportation projects. Want smooth roads and sturdy bridges? Someone’s gotta pay, and spoiler alert: it’s you. "Based on our review of the consumption data,…

SHARE

by Cecilia Levine
News
NJ's Gas Tax Drops NJ's Gas Tax Drops
NJ's Gas Tax Drops The Garden State’s gas tax drops Friday by several cents per gallon, offsetting last October’s pandemic-related increase. The tax decreased by 8.3 cents and now totals 42.4 cents per gallon following the last increase of 9.3 cents, News12 reports. Meanwhile, the tax for diesel is dropping from 57.7 to 49.4 cents per gallon, state officials confirmed in August. While New Jersey previously had one of the lowest gas tax rates in the country, the rates have spiked more than 36 cents per gallon since 2016 — the main cause being a 23 cent increase under former Gov. Chris Christie for rail a…

SHARE

by Valerie Musson