NJ Transit

Raising the sales tax to fund NJ Transit’s budget deficit is a proposal staunchly opposed by New Jersey Assembly Republican Leader John DiMaio.

Following a press conference on the impacts of a proposed 2.5% Corporate Transit Fee on Tuesday, a few reports indicated the New Jersey Business & Industry Association (NJBIA) supported increasing of New Jersey sales tax as a funding source for the proposed tax on business.

New Jersey’s straphangers will be digging deeper into their pockets to pay for bus and train rides after the state’s transit agency approved a double-digit fare increase.