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

Recent Posts

Mian: Affordable housing in God’s backyard

Affordable housing in God’s backyard: Some religious congregations find a new use for their space By Nadia Mian, Ph.D., Senior Program Director, Ralph W. Voorhees Center for Civic Engagement Faced with declining membership, aging buildings and large, underutilized...

Do you have one of the most common jobs in New Jersey?

Nearly 4.6 million people work in New Jersey in thousands of different types of jobs. But nearly 840,000 positions make up the top 10 most common roles, according to data from the U.S Bureau of Labor Statistics. Laborers and freight stock and material movers — those...

NJSPL – The New Jersey Induced Travel Calculator

By Robert B. Noland Induced travel occurs when new roads or lanes are built with the goal of reducing traffic congestion. What this means in practice is that new travel fills the new roads or lanes such that the goal of congestion reduction is not met. While many...

Kelly O’Brien (MCRP ’09) Named Fairfax City Hometown Hero

On July 15th, Kelly O'Brien (MCRP '09)  was recognized as a Hometown Hero during Fox 5 DC's Zip Trip visit to Fairfax City. "Although I don't think of myself as a hero, I am grateful for the chance to express my dedication to serving my community and shed light on the...

Winecoff: Working Paper on Health Insurance Enrollment

Spillovers in Public Benefit Enrollment: How does Expanding Public Health Insurance for Working-Age Adults affect Future Health Insurance Choices? Abstract Enrollment in one public benefit program often affects enrollment in others. We study life-course spillovers by...

Upcoming Events

Event Series CAREERS

Virtual Career Drop-ins

Virtual

Stop by virtually on Mondays (except for holidays) beginning September 9th through December 16th between 11 am and 1 pm to ask a quick (15 min) career-related question of Bloustein […]