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TRENTON a Gov. Chris Christie on Friday signed a bill raising the gasoline tax 23 cents per gallon, the first tax hike in his 2,460 days in office and the state's first increase in the tax on gasoline since 1988.
New Jersey drivers will no longer pay the second-lowest state gas taxes in the U.S., a rare exception in an otherwise high-tax state. The new, higher price will take effect Nov. 1, while corresponding sales, estate and income tax cuts will be phased in over years.
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