This Day in History: 1935-07-01
The first New Jersey sales tax went into effect to general, though resigned, grumbling from the paying public. Studies to propose alternatives to property taxes as the basis for funding local services began in 1932. Organized opposition in North Jersey and in Camden kept the tax off the books until in desperation the legislature passed the tax two weeks earlier. Merchants who had careful accounting systems found they could adjust to the new position, but smaller places without any accounting system found it very hard to adjust to the new law. (Bristow)