In a letter released yesterday to House leadership, Representatives Frank LoBiondo (R-NJ) and Chris Smith (R-NJ) advocated for New Jersey families and said they would vote against any tax bill that makes the state and local tax (SALT) deduction cap permanent. In response, Democrat for Congress in New Jersey's 11th District Mikie Sherrill released the following statement:
"I applaud the New Jersey Representatives from both sides of the aisle standing against yet another tax hike from Washington on New Jerseyans. This plan to further burden our families is not a Republican issue, or a Democratic issue, it is a New Jersey issue. This bipartisan opposition only lays bare the fact that Assemblyman Jay Webber is out of step with the people of this community."
Noting the importance of the state and local tax deduction to New Jersey residents, the letter released by Representatives LoBiondo, Smith, and other Republicans said:
"The state and local tax deduction promotes homeownership, increased funding for local infrastructure projects, public education and other state run services -- programs that help foster U.S. production and reduce income inequality."
The first tax bill capped the ability of residents to deduct their state and local taxes from their federal tax burden at $10,000. Newly released IRS data shows that in 2016, New Jersey residents in 20 of our 21 counties took an average state and local tax deduction above the $10,000 cap established in the initial tax bill. In the four counties in NJ-11, the average deduction was $19,000 - well above the cap.
Every Member of Congress from North Jersey voted against the 2017 tax bill, but Assemblyman Jay Webber continues to support the tax hike.