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New Jersey does not charge sales tax on most unprepared foods, household paper products, medicine, and clothing. As of July 1, 2022 New Jersey Does not charge sales tax on medical cannabis. [6] New Jersey does not charge sales tax on gasoline, but gasoline is subject to a $0.418/gallon excise tax. [citation needed]
The state of New Jersey's sales and use tax rate is 6.625% effective January 1, 2018. [155] Certain items are exempt from tax, notably most clothing, footwear, and food. However, there are exceptions to this statewide rate.
New Jersey officials say revenues are on target as negotiations for the 2025 state budget begin. However, a sales tax increase could be considered.
Median household income and taxes State Tax Burdens 2022 % of income. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly.
Currently, the state sales tax sits at 6.625%, where it has been since 2016 after a deal with then-Gov. Chris Christie to finance the state’s Transportation Trust Fund. It was previously 7%.
NJ buyers are complaining. The shapewear and clothing brand is adding sale tax to their purchases. But, what are the NJ sale tax rules?