Last year's Tax Hike Bill gutted critical tax relief for NJ and made us America’s piggy bank. That's why I stood with North Jersey mayors this spring to announce my Tax Cut Plan, working with towns to help set up charitable tax funds to offset the gutting of the SALT deduction.
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It’s time for tax cuts for Jersey. But even though these funds already exist in 33 states, and have for years, the political bureaucrats at the IRS and Treasury are proposing a new regulation that would eliminate this tax cut for families.
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Yes, the IRS wants to raise taxes even more on N.J. families. Other states are also worried about their programs and I wrote to the IRS to demand they cut the red tape, so New Jersey residents can get lower taxes.
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