Morton Fox (mortonfox) wrote,
Morton Fox
mortonfox

Seven

Orange Newt

Just 1 Day Left To Beat Sales Tax Hike In N.J.

No kidding! The sales tax hike is taking less time to go into effect than it took to debate the tax hike. I heard about this when I went to Quiznos in Ramsey this afternoon. The Quiznos manager told me that he'll have to reconfigure the cash register for the 7% tax starting this Saturday. It screws up the nice round number for the Quiznos "combo", which will go from an even $2.00 to $2.02. So New Jerseyans, if there's anything taxable that you were planning to buy on Saturday, might as well buy it today.

Make no mistake about it. A move from 6% to 7% is actually a 16.67% increase in taxes, not a 1% increase. Is the state 16.67% nicer? Are the schools, roads, and parks 16.67% better? Are the state legislators 16.67% smarter? I think not! If anything, the state is 16.67% closer to bankruptcy.

After the move to 7%, only one state will have a sales tax higher than NJ's, according to this table. (NJ joins 3 other states at the 7% level.) Yes, shocking, I know. Maybe it's time to move to Delaware. :) Of course, some localities have local taxes that push the overall sales tax rate above 7%. Some examples around this area include NYC, Long Island, and Rockland County, where the total sales tax is over 8%.
Subscribe

  • Virtual Conventions

    The COVID-19 pandemic has forced a number of furry conventions to cancel this year due to state and local emergency regulations and also out of…

  • FA United 2019

    Last weekend was FA United 2019 in Northern Virginia. That was my fourth and last furry convention for the year. It'll be hard to cut one convention…

  • Metro Gathering 2019

    The last few years, Metro Gathering was in October and had a Halloween theme. This year though, the geocaching mega event is in September and has a…

  • Post a new comment

    Error

    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened

    Your IP address will be recorded 

  • 23 comments

  • Virtual Conventions

    The COVID-19 pandemic has forced a number of furry conventions to cancel this year due to state and local emergency regulations and also out of…

  • FA United 2019

    Last weekend was FA United 2019 in Northern Virginia. That was my fourth and last furry convention for the year. It'll be hard to cut one convention…

  • Metro Gathering 2019

    The last few years, Metro Gathering was in October and had a Halloween theme. This year though, the geocaching mega event is in September and has a…