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NJ assembly speaker open to higher taxes

2-7-14

NEWARK, N.J. (AP) — New Jerseyans might face higher taxes on the road and fees at home as the state looks for ways to raise revenue.

Assembly Speaker Vincent Prieto tells The Star-Ledger of Newark (http://bit.ly/1o07Jdr ) the Legislature should look into raising the state’s 14.5 cents a gallon gasoline tax to help fund road improvements and maintenance. The tax, which is the third lowest in the nation, hasn’t been raised in more than 20 years.

The Democrat also says he’s willing to consider a fee on water consumption to preserve open spaces. He’d also consider reinstating a tax on the state’s wealthiest residents that expired before Republican Gov. Chris Christie took office.

Prieto says he’s willing to consider cuts in the state workforce. But he did not offer any specifics.

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Information from: The (Newark, N.J.) Star-Ledger, http://www.nj.com