the staff of the Ridgewood blog
River Vale NJ, Assemblywomen Holly Schepisi sets the governor straight on property taxes, SALT deductions and irresponsible spending in the state of New Jersey .
Schepisi said on Facebook ,” I have a novel idea, why don’t we retain some of the top tax advisors, tax attorneys and CPAs in the country to rewrite NJ’s tax code to lessen our property tax burden while figuring out a better way to fund our schools and take advantage of the new federal tax code? We spend millions fighting Trump’s policies, why don’t we invest those monies into making our own tax situation a little more tolerable. Cut spending where we can, revise our property taxes and actually help our middle class.”
Statement from Governor Murphy on IRS Ruling Against NJ Taxpayers
“The IRS today made clear it is not interested in fairness for New Jersey’s taxpayers. Instead, it protects President Trump’s politicization of the federal tax code. Finalizing a rule that prohibits us from following decades of precedent to protect our residents’ tax deductions is a gut-punch to middle-class families who know that the Trump tax plan is a complete sham. We will continue to fight alongside our Congressional delegation and sister states to restore our residents’ full SALT deductions.”