New Jersey has a reputation as a high tax state. This month, something happened that should pare back that reputation some: The state eliminated its sales tax on medical marijuana. The tax was eliminated under the terms of 2019 state law that set in motion the phasing out of the state’s sales tax on medical marijuana. From its starting rate of 6.625 percent, the sales tax lowered to four percent on July 1, 2020 and then to two percent on July 1 of last year. Come the first of this month, the...Read the full report by clicking the title, below...
from Peace and Prosperity http://www.ronpaulinstitute.org/archives/peace-and-prosperity/2022/july/16/new-jersey-eliminates-a-tax/
