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Murphy’s Mixed Message on EVs: Pump Up Incentives, Pull Plug on Sales Tax Exemptions

March 4, 2024 |

Credit: Image by Mohamed Hassan from Pixabay

Gov. Phil Murphy wants to pump an additional $20 million into a popular program to give drivers a financial incentive to buy electric vehicles. But at the same time he wants to phase out a sales tax exemption that saves those consumers thousands of dollars when buying zero-emission vehicles.

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NJ SEED:  EV proponents want both the Charge Up program AND the sales tax exemption. Some would say when government has to bribe the people (with the people’s money) to buy a particular product, it is not fiscally responsible.

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