Will Democrats restore break that could save NJ taxpayers billions? Time is running out

March 31, 2022

Republicans have shown little appetite to undo the changes they made in the 2017 tax bill. The Republican National Committee didn’t respond to questions about where the party stands on lifting the SALT cap. Neither did New Jersey’s two Republicans in Congress, Jeff Van Drew and Chris Smith. 

Van Drew, in a November statement, blasted Biden’s spending plans in general: “Democrats forcing through a bill of this scale that will lead to tax breaks for the rich at the expense of the American taxpayer is completely unacceptable,” he said. 

These next few months could likely be the last chance for Democrats to partially or fully lift the cap, said Marc Pfeiffer, a senior policy fellow at Rutgers University’s Bloustein School of Planning and Public  Policy. 

“People that pay higher taxes tend to be in Democratic states,” he said. “So when [Republicans] had the opportunity, they struck. They had the presidency and both houses.”  

New Jersey Herald, March 30, 2022

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