the staff of the Ridgewood blog
Wyckoff NJ, After a federal ruling yesterday dismissed cases to rescind the $10,000 cap on state and local tax deductions, Assemblyman Christopher DePhillips said that if Governor Murphy and Democrats were sincere about eliminating the cap on state and local taxes, then they should do it in New Jersey.
“Republicans tried to eliminate New Jersey’s cap on property tax deduction multiple times, and the Democrat majority voted to maintain higher taxes in each instance for no other reason than it was proposed by Republicans and it would keep up the fight against Trump,” said DePhillips (R-Bergen). “They obviously must not disagree on the substance of the policy if they are criticizing the federal law, which was based on New Jersey’s cap. It is completely hypocritical. If they don’t want a cap, then eliminate the one at home.”
On Monday ,four states in the eastern U.S. lost a legal challenge to a provision of the 2017 law that limited write-offs for state and local taxes, as a federal judge threw out a lawsuit seeking to block the cap.
The Republicans’ 2017 tax law capped the amount of state and local tax, or SALT, deductions, which had been unlimited, to $10,000. Democrats in Congress and some state lawmakers said the change targeted Democratic-led states that tend to have higher taxes. New York Governor Andrew Cuomo called it “economic civil war.”
U.S. District Judge J. Paul Oetken threw out a lawsuit over the cap filed last year by New York, New Jersey, Connecticut and Maryland. The judge said the federal government has the “exhaustive” power to impose and collect income taxes and that the states can enact their own tax policies as they wish.
“To be sure, the SALT cap, like any other feature of federal law, makes certain state and local policies more attractive than others as a practical matter,” Oetken said. “But the bare fact that an otherwise valid federal law necessarily affects the decisional landscape within which states must choose how to exercise their own sovereign authority hardly renders the law an unconstitutional infringement of state power.”
No suprise these dummies will do anything but work
No surprise.
It was an idiotic idea from the get go.
Where’s Little Josh?
This was his idea.