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2018年7月8日 星期日

News Alert: GOP runs into Trump tax law in New Jersey

 
 
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GOP runs into Trump tax law in New Jersey
Democrats in New Jersey are hoping that President Trump's tax-cut law provides them with a boost in the midterm elections.

The law caps the state and local tax (SALT) deduction at $10,000, a change that hurts people in high-tax states such as New Jersey, which has the highest property taxes of any state.

All but one New Jersey Republican voted against the tax law, in large part because of the limit on state and local tax deductions. Democrats on the campaign trail say restoring the full deduction means putting their party back in charge of the House.
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