I’m skeptical of a flip flop of taxes such as this.
So, they will raise the gas tax in exchange for a cut in the sales tax.
The problem is, will they quietly raise the sales tax back up to where it was before, somewhere down the road? Then the total tax burden will indeed be greater than it is now. And their touting this as “revenue neutral” or “tax neutral” will be a falsehood.
Most politicians in this state -- Democrat and Republican alike -- are scratching their heads, trying to figure this one out. They are having a hard time determining the political implications for their own careers.
I prefer the status quo because the sales tax is the only way we get our gibsmedats to contribute anything at all.
Christie has been good on taxes, so he is still popular with the “makers”; his primary opposition is from the welfare and workfare (government worker) folks. If you saw his recent proposal (to give equal amounts per student to school districts), it really highlights how much is wasted in urban districts to produce illiterate high school grads. It may get nowhere, but it really highlights the problem...
In short, although it still hits residents, this helps collect tax for New Jersey from people who do not currently directly pay it. It is definitely a net benefit for income-producing residents.
Of course they will. Once politicians have a tax in place, it only ever goes up.