New Jersey businesses, homeowners facing new rain tax

By Around the Web

ELIZABETH, N.J. (CBSNewYork) — New Jersey is one of the highest taxed states in the country.

Now, residents and businesses could be taxed extra … when it rains.

Save it for a rainy day. Some of your hard-earned dollars may be taken away as the weather turns ugly and rain drops fall on the Garden State. A new bill calls for the creation of local or regional storm water utilities, giving local counties and municipalities the power to collect a tax from properties with large paved surfaces such as parking lots, CBS2’s Meg Baker reported.

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