Reuters: U.S.

Sunday, July 8, 2018

News Alert: GOP runs into Trump tax law in New Jersey

 
 
View in your browser
 
News Alert
Facebook   Twitter   LinkedIn   Email
 
GOP runs into Trump tax law in New Jersey
Democrats in New Jersey are hoping that President Trump's tax-cut law provides them with a boost in the midterm elections.

The law caps the state and local tax (SALT) deduction at $10,000, a change that hurts people in high-tax states such as New Jersey, which has the highest property taxes of any state.

All but one New Jersey Republican voted against the tax law, in large part because of the limit on state and local tax deductions. Democrats on the campaign trail say restoring the full deduction means putting their party back in charge of the House.
Read the full story here
 
 
Learn more about RevenueStripe...
 
 
 
 
  Facebook   Twitter   LinkedIn   Email  
 
Did a friend forward you this email?
Sign up for News Alerts  
 
 
 
You Might Like
 
 
 
Learn more about RevenueStripe...
 
 
 
 
THE HILL
 
Privacy Policy  |  Manage Subscriptions  |  Unsubscribe  |  Email to a friend  |  Sign Up for Other Newsletters
 
The Hill 1625 K Street, NW 9th Floor, Washington DC 20006
©2016 Capitol Hill Publishing Corp., a subsidiary of News Communications, Inc.
 
 

No comments:

Post a Comment