As sales of electric vehicles (EVs) rise in New Jersey, so do taxes on residents. Earlier this year, Gov. Phil Murphy (D-N.J.) signed a phaseout on the sales tax exemption for zero-emission EVs.

New Jersey imposes a 6.625% state sales tax. Localities can add an additional 2%. However, the average local and combined sales tax rate is only 6.60%, according to the Tax Foundation.

August 25, 2023 New Jersey to waive sales tax on school supplies through Labor Day From Aug. 26 to Sept. 4, the 6.6% fee will not apply to online or in-person purchases of classroom items ...