SALT Cap Archives - New Jersey Globe

Becchi lobbied for GOP tax plan, but says work unrelated to SALT CAP

January 22, 2020 8:59 pm

House candidate Rosemary Becchi lobbied for the 2018 Republican tax plan that imposed a $10,000 cap on state and local tax deductions, though she said she pushed portions of the bill unrelated to SALT. Brownstein Hyatt Farber Schreck, where Becchi...

Gottheimer blasts senate Republicans for blocking SALT cap rule repeal

October 23, 2019 5:42 pmOctober 24, 2019 2:55 pm

Rep. Josh Gottheimer blasted Senate Republicans for stopping the repeal of an IRS rule that blocked a workaround to the $10,000 cap imposed on state and local tax deductions. “Once again, the Moocher States stuck it to New Jersey,” Gottheimer...

Sherrill: Allegations that Trump pressured Ukraine could be impeachable offense

September 23, 2019 9:36 pmSeptember 24, 2019 10:09 am

I began serving my country when I was 18 years old and entered the U.S. Naval Academy. Part of the mission of the Academy is to imbue Midshipmen “with the highest ideals of duty, honor and loyalty … to assume...

New Jersey sues IRS over blocked SALT cap workaround

July 17, 2019 12:25 pmJuly 17, 2019 4:26 pm

Gov. Phil Murphy announced New Jersey was filing a lawsuit seeking to overturn an Internal Revenue Service rule that blocked the state’s attempt to circumvent the $10,000 cap on state and local tax deduction imposed by the tax plan passed...