ATR: Vote Yes on New Jersey Public Question 2

Americans for Tax Reform (ATR) has released the following message to New Jersey conservatives:

 

Americans for Tax Reform Urges New Jersey Taxpayers to Vote Yes on Public Question 2

 

Americans for Tax Reform, a non-profit taxpayer advocacy organization founded in 1985 at the request of Ronald Reagan, announced today it is urging New Jersey voters to support Public Question 2, a ballot measure whose fate will be determined on November 8.

 

Public Question 2, if approved by voters, would dedicate all state gas tax revenue to the New Jersey Transportation Trust Fund. Under current law only 10.5 cents of the 13.5 cent per gallon gas tax is dedicated to the transportation fund.

 

Diversion of gas tax revenue to non-transportation purposes is a problem in many states. Approval of Question 2 by New Jersey voters will implement a taxpayer safeguard ensuring that gas tax revenue goes toward building and maintaining roads, as opposed to being diverted to non-transportation purposes. Approval of Question 2 would also alleviate pressure to raise gas taxes in the future. Similar transportation funding safeguards are in place in both Maryland and Wisconsin.

 

“ The legislation that abolished the state death tax, cuts the state sales tax and reduces income taxes on retired New Jersey voters as well as increasing the gas tax is overall a net tax cut over the next ten years. That is a victory for taxpayers,” said Grover Norquist, president of Americans for Tax Reform.

 

“ But another victory is that finally New Jersey taxpayers will be protected from politicians stealing from gas tax revenues and spending them on politics as usual. If New Jersey passed Public Question 2 that protects our gas tax monies from politicians looking to fund special interests. Limiting gas taxes to building roads and transportation projects is giant step in reducing corruption in New Jersey, ” said Norquist.