Home>Congress>Sherrill, Malinowski rail against blocked SALT cap workaround

Rep. Mikie Sherrill (D-Montclair). Photo by Kevin Sanders for the New Jersey Globe

Sherrill, Malinowski rail against blocked SALT cap workaround

By Nikita Biryukov, August 24 2018 4:31 pm

Democratic House candidates Mikie Sherrill and Tom Malinowski railed against the Trump administration’s rule blocking workarounds to the cap imposed on State and Local Tax Deductions by the Republican tax plan that was passed late last year.

“At every turn, politicians in Washington find new ways to crush New Jersey residents. Our communities paid for this tax hike bill, and the decision to block deductions and sensible proposals to help New Jerseyans is further proof that new leadership is essential,” Sherrill said, again taking aim at Assemblyman Jay Webber for his support of the tax plan.

Many residents in the eleventh district exceed the $10,000 cap imposed by the plan, though it’s less clear how many came out ahead once the new tax rates are taken into consideration.

But, the SALT cap is widely seen as a tool with which the Republican president can shift more of the federal tax burden to wealthier blue coastal states like New Jersey.

“At this point, the GOP has given up the facade of responsible policy-making, and have openly declared their intention to attack New Jersey,” said Malinowski communications director Benji Schwartz.

But, unlike those two, conservative groups greeted the decision with far less derision, some even using the opportunity to attack Democrats over New Jersey’s high taxes.

“Regardless of your stance on SALT and New Jersey’s charitable funds law, we need to focus on combating the root issue here in the State – excessive property taxes,” said Brian Thomas, executive director of Citizens for Accountable Taxation. “At an average property tax bill of $8,690 per year, New Jerseyans have long been suffering before a cap was implemented and will continue to do so for years to come if nothing is altered, this SALT policy change only goes to further highlight a problem that we know already exists.”

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