Many towns with higher property taxes lack other revenue sources, such as businesses or corporate headquarters, said Marc Pfeiffer, a senior policy fellow at Rutgers University’s Bloustein School of Planning and Public Policy, who studies local government in New Jersey.
Topic
SALT deductions
In NJ, Trump economic ally pushes idea of raising SALT deduction to $20K or higher
With negotiations fast tracked over a Republican plan to pass a $4.5 trillion tax cut, a top economic official in President Donald Trump’s orbit — former economic adviser Stephen Moore — doubled down Thursday on doubling or even tripling the current $10,000 cap...