The state of NJ passed a bill that will increase the state sales tax on gasoline by 23 cents per gallon. The state sales tax has also been lowered to 6% from 7%. Governor Christie is expected to sign the bill on Friday.
Just in time for the summer driving season. Gas up early!
Damnit.
Prior to this change, NJ had second-lowest gas tax in the nation (after Alaska). It'll still be less tax than NY or PA charge.
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this fucking state doesn't tax the shit out of us already. Where is all this money going?
Prior to this change, NJ had second-lowest gas tax in the nation (after Alaska). It'll still be less tax than NY or PA charge. Link - ( New Window )
Talk about selective statistics. New Jersey has:
* One of the Top 5 highest income tax rates in the country, and no deduction of charitable contributions and mortgage interest.
* One of the Top 5 corporate tax rates in the country
* One of the Top 5 real estate taxes in the country.
* The lowest threshold for estate tax in the country, and the absolute worst inheritance tax in the country.
So, just because the gas tax wasn't one of the Top 5 rates in the country raising it is OK??????
And then try improving your house. The town bleeds you dry.
And voila.....it's being signed into law on Friday ?!?!?!?
I thought these "Legislators" were all bogged down in which High School Bathroom the kids should use.
True. But New York isn't getting worse.
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In comment 13012128 antdog24 said:
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this fucking state doesn't tax the shit out of us already. Where is all this money going?
Prior to this change, NJ had second-lowest gas tax in the nation (after Alaska). It'll still be less tax than NY or PA charge. Link - ( New Window )
Talk about selective statistics. New Jersey has:
* One of the Top 5 highest income tax rates in the country, and no deduction of charitable contributions and mortgage interest.
* One of the Top 5 corporate tax rates in the country
* One of the Top 5 real estate taxes in the country.
* The lowest threshold for estate tax in the country, and the absolute worst inheritance tax in the country.
So, just because the gas tax wasn't one of the Top 5 rates in the country raising it is OK??????
I wasn't trying to pass judgment on what is "OK" or not. (Among other things, I don't live there anymore.) Just pointing out that gas tax isn't what you want to be citing to complain about taxation in NJ.
I also don't know how the math works out regarding how much the sales tax decrease offsets. I imagine that people who drive a lot will pay more, while people who don't drive much (or drive electric vehicles) will end up paying less.
This is the situation in a nutshell.
Things in NJ will only get worse. Broke as a joke.
She can work anywhere as a nurse and I own my own business. Relocating would be tough but at this point I despise this place 9 months out of the year.
Its time.
My State, Connecticut, is in the worst fiscal shape of the entire union, only Puerto Rico is in worse shape..
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fuck you would think i lived in a mansion with the taxes i pay
And then try improving your house. The town bleeds you dry.
yes seriously... fucking blows. pay over 10k for property taxes and im afraid to upgrade my home. Just ridiculous
Also, the sales tax is not slated to decrease until 2018.
Also, the sales tax is not slated to decrease until 2018.
HAHAHA!! Add a tax, effective as soon as the ink dries, remove a tax? 2018... Holy fuck!
Because the transportation fund is bankrupt?
What I can't get over in this moronic state is that the current estate tax kicks in st $670k which is the lowest in the country. The original plan was to eliminate the tax entirely. How do these clowns not raise the amount to something in line with other States, This plus the property tax practical begs senior citizens to relocate and/or supports a thriving estate tax avoidance attorney industry
Wouldn't recommend to anyone that doesn't have an incredible job to stay up here to try and raise a family. I'm a generation too late, you need a fortune to live comfortably.
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broke so this isn't a surprise.
My State, Connecticut, is in the worst fiscal shape of the entire union, only Puerto Rico is in worse shape..
Um I live in Illinois... wanna talk about a broke state? About to enter a second year without a budget...awesome stuff
What I can't get over in this moronic state is that the current estate tax kicks in st $670k which is the lowest in the country. The original plan was to eliminate the tax entirely. How do these clowns not raise the amount to something in line with other States, This plus the property tax practical begs senior citizens to relocate and/or supports a thriving estate tax avoidance attorney industry
Don't forget the inheritance tax. Bequests to brothers and sisters over $25,000. (not $675k) get hit at 11%.
Property taxes are ridiculously high and zoning boards are an outright scandal but those are separate issues.
It's expensive to live in NJ for a reason - it's a great state to live in. The Northern half of the state is within easy commuting distance to one of the world's great cities. The expensive areas of the state are incredibly safe with some of the best schools in the country. It's easily one of the best places in the country to raise children. While real estate is expensive in many areas you still get tremendous value when compared to NYC - for around $1 million you can own a small mansion in a great area vs. a 2BD apt in Manhattan or the nicer areas of Brooklyn. And if you live in the Southern part of the state you can get an amazing home for around half that amount.
It's probably a pretty terrible place to retire, but that's because it's a great place to raise kids and the two are pretty incompatible due to school costs, etc. If it was really a terrible place to live people would be leaving en mass and real estate prices would be collapsing - but that is not the case.
Did the cost of those items go down at all when the price of gas dropped in half 18 months ago?
Well, since you mentioned it...
In NJ the trends seem to point to a population influx back into the urbanized areas away from the suburbs.
In NJ the trends seem to point to a population influx back into the urbanized areas away from the suburbs.
The shore as a whole is seeing a complete population shift, as long-time residents in the coastal towns have either not returned to their homes after Sandy or they have been bought out for summer homes.
Where in OR? I grew up in Portland and we are looking at Bend or Eugene in the next couple of years. Pacific Northwest is the most beautiful part of the country, imho.
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and I've already decided I'll never live in the NJ/NYC area again. There's a lot that I miss and like about the area, but it's blood from a stone there. And the crumbling infrastructure isn't going to help the ridiculous traffic.
Where in OR? I grew up in Portland and we are looking at Bend or Eugene in the next couple of years. Pacific Northwest is the most beautiful part of the country, imho.
I landed a good gig in Salem, and live there. Definitely an up and coming place with a lot of development taking place, young population, etc. Give breweries in town doesn't hurt either. It's only been a few weeks bit I really like it.
I'll be visiting Eugene in a few weeks for work, and I plan on checking out Bend in a couple weekends on my way to see Crater Lake. I agree... This area is amazing.
2010 population = 8,791,894
2015 population - 8,958,013
There has been a general move from colder states to warmer states in the last few decades - likely due to the increased use of air conditioning - but despite that NJ's population continues to grow. So there is no great movement away from the state.
Then within that there are questions about the different cohorts within that growth. Age, income, etc.
Like I said before my impressions of NJ are that the urbanized areas (basically within a 15 mile or so radius of NYC) will continue to grow but the suburbs are in real trouble.
Also, people are leaving NYC and Chicago areas to some degree because the IT revolution has unchained people from living in a few dense population centers for certain industries. My job doesnt really require me to be in NYC, yet here I am, paying more for a 1 bedroom than I'd have to pay for 4000 sq. ft. in most of the country.
Also, dont want to get into a maker and taker argument, but states like NJ are subsidizing states like SC. Even worse, a number of sunbelt states are not only taking tax transfers from richer states (via federal spending and matching funds), but they're then turning around and offering special tax abatement to lure companies out of the richer states that are subsidizing them. It's kind of unfair.