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@MsSwan from 2014
[quote]New Jersey’s gas tax is the second lowest in the country after Alaska, and hasn’t gone up since the late ‘80s.
But transit advocates says that low, low cost comes with consequences.
Most of the gas tax goes to the Transportation Trust Fund, which pays for the state’s share of transportation projects – from fixing bridges to filling potholes and repairs for NJ Transit.
Because the tax is so low, the fund hasn’t had enough money to cover its costs. That’s led to a lot of borrowing, and some creative financing. And now even that money is now running out.
“Until we find a new source of revenues to support this, the transportation fund is going to be in real crisis,” said Thomas Wright of the Regional Plan Association.
State Senator Ray Lesniak thinks he has a solution. Over three years, he wants to raise the gas tax by 15 cents. He says that will cost drivers under $100 annually, less than the $600 on average they spend on repairs because of bad roads.
“It’s something that the time has come. We just have to bite the bullet and do it,” he said.[/quote]
[quote]New Jersey’s gas tax is the second lowest in the country after Alaska, and hasn’t gone up since the late ‘80s.
But transit advocates says that low, low cost comes with consequences.
Most of the gas tax goes to the Transportation Trust Fund, which pays for the state’s share of transportation projects – from fixing bridges to filling potholes and repairs for NJ Transit.
Because the tax is so low, the fund hasn’t had enough money to cover its costs. That’s led to a lot of borrowing, and some creative financing. And now even that money is now running out.
“Until we find a new source of revenues to support this, the transportation fund is going to be in real crisis,” said Thomas Wright of the Regional Plan Association.
State Senator Ray Lesniak thinks he has a solution. Over three years, he wants to raise the gas tax by 15 cents. He says that will cost drivers under $100 annually, less than the $600 on average they spend on repairs because of bad roads.
“It’s something that the time has come. We just have to bite the bullet and do it,” he said.[/quote]
Notsimilarreally · 31-35, F
TheOneyouwerewarnedabout · 41-45, MVIP
i wish.. nobody does that anymore here ... 🇦🇺
