Rutgers University economist James Hughes, dean emeritus of the Edward J. Bloustein School of Planning and Public Policy, said over the past two years, lower-income residents were saved from rate hikes because federal rescue funds allowed NJ Transit to operate without fare increases during the height of the pandemic.
Topic
gas tax
NJ gas prices are trending down but experts are worried
Rutgers economist James Hughes said even if President Joe Biden is able to convince Congress to freeze the 18.4 cent a gallon federal gas tax for the next few months and Gov. Phil Murphy agrees to suspend the state gas tax (an idea he has rejected so far) “that would...
Gas prices rise to record highs again
Gas peaked at $1.39 a gallon back then, which would be $4.52 today. Action News spoke to Michael Lahr, an economics professor at Rutgers University. "What may happen, not real soon though, is that companies will use these raises in prices to invest in capital to get...
New Jersey State Policy Lab: Lowering Tax Rates on Motor Fuels: A Bad Idea That’s Gaining Momentum
In the face of budget surpluses and soaring energy prices, it would seem that consoling consumers in this manner is more than just a patriotic duty for legislators–but this is wrong in multiple ways.
New Jersey State Policy Lab: Use of Telehealth Among Essential Workers During COVID-19
The Bloustein School’s COVID-19 Impact Survey found that during the pandemic, essential workers in New Jersey were more likely than non-essential workers to use telehealth services.
New Jersey State Policy Lab: What’s Up with Gasoline Prices?
Some of this rise should have been expected. Gas taxes, the relative value of the dollar, lower than usual supply, and higher than usual demand are some of the key factors.
Why New Jersey’s gas tax could go up for the first time since 1988
However, Martin Robins, director emeritus of Rutgers University’s Alan M. Voorhees Transportation Policy Center, argues that gasoline taxes levied on a per-gallon basis will begin to go down when auto makers begin complying with federal requirements for higher...
Implications of 2016 election, NJ's new state tax policies to be discussed at R/ECON event, Nov. 18
The Rutgers Economic Advisory Service’s (R/ECON) semiannual conference and forecast, “Surveying the Post-Election Landscape: What’s Ahead for the National Economy” will be held on Friday, November 18 from 10:00 a.m.-12:00 noon at the Bloustein School's Governor James...