TRENTON, N.J., Oct. 06, 2016 -- With the gas tax hike now stalled in Trenton, New Jersey Border State Gasoline Retailers, a group representing a fifth of the State’s gas stations and store owners along the New York and Pennsylvania borders, calls on the legislature to reduce the proposed gas tax from 23 cents per gallon to 15 cents. A 23 cent per gallon gas tax hike would hurt hundreds of businesses and employees as it greatly depresses out-of-state sales and the resulting tax revenue.
Gov. Chris Christie and the Democratic-controlled state legislature announced a deal last week to raise gas taxes to 37.5 cents a gallon from 14.5 cents. But plans to pass the hike on Wednesday were delayed when the legislature's leadership didn't have the three-quarters majority needed for a vote.
“Now is the time to give this 23 cent hike a closer look. We’ve analyzed the number and we’re asking legislators to look at all the business New Jersey will lose to New York and Pennsylvania when we are no longer competitive. Our 640 stations along the State border will lose about 40% of the gas and convenience store business, and the State will lose the jobs and the taxes that go with it,” said Ebbie Ashabi, a member of the New Jersey Border State Gasoline Retailers. “We think a 15 cents per gallon hike strikes the balance that makes most sense for the economic livelihood of the State’s gasoline and convenience store industries while also replenishing the depleted Transportation Trust Fund.”
Contact: Norris Clark, (609) 425-1325, [email protected] Sam Weinstein, (609) 575-4192, [email protected] New Jersey Border State Gasoline Retailers


Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning
Instagram Outage Disrupts Thousands of U.S. Users
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Washington Post Publisher Will Lewis Steps Down After Layoffs
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 



