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7 Percent Sales Tax

Friday, June 1, 2012

Christie's Deal with Amazon: Collecting Sales Tax on NJ Purchases

After reaching a deal with NJ Gov. Chris Christie, Amazon will be making state residents pay them 7 percent on their purcahses.

If you're a New Jersey resident who buys things from Amazon without paying sales tax, those days are about to come to an end.  Gov. Chris Christie has reached an agreement with Amazon, the giant online retailer, that it will begin collecting the 7 percent NJ sales tax on items delivered to state residents starting in 2013. The deal was announced at a joint press conference given by Christie and Amazon executive Paul Meisner, the Wall Street Journal reported.  The tradeoff for Amazon buyers in NJ is that the company said they'd build two new warehouses in the state at the same time tax collection begins, in July of next year. That will create construction jobs and as many as 1,500 warehouse jobs for state residents. There was no mention …

Mike Rath

12:03 pm on Thursday, August 30, 2012

Many of us would if we could sell our homes.. Watch NJ bleed people if the Real Estate market ever improves...   more ›

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