12 Days of Salt

Floor Speech

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Ms. SHERRILL. Mr. Speaker, I rise today on this ninth day of SALT because a bipartisan group of mayors in my district have shared with me statements about how SALT is harming residents in New Jersey's 11th District.

Mayor Molly Whilesmith of Sparta said: ``The current trend is to sell the house and pack the moving truck right after the youngest child graduates from high school. The cap makes New Jersey much less attractive for the average, hardworking New Jersey family.''

Mayor Keith Kazmark from Woodland Park said: ``Fifty-one percent of Woodland Park taxpayers pay more than $10,000 in local property taxes, and that does not include their State taxes. That is over 1,800 residential property owners in our town.''

Mayor Bruce Harris of Chatham Borough said: ``The average property tax bill in Chatham Borough is about $14,100, so 40 percent is no longer deductible. That impacts people's pockets; it also impacts housing values.''

Mayor John Kelley, the Borough of Caldwell, said: ``Caldwell families manage their finances and tax liability closely, and for many years have relied upon their State income taxes and Caldwell property taxes to reduce their Federal income tax through itemized deductions.''

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