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New Jersey

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elleng

(137,553 posts)
Sat Dec 2, 2017, 08:07 PM Dec 2017

Murphy: New Jersey Could Sue to Stop GOP Tax Overhaul. [View all]

'Governor-elect Phil Murphy said Thursday that New Jersey and other states could sue the federal government if a proposed Republican tax overhaul becomes law.

Murphy, a Democrat, said he has spoken with leadership in New York and California and with legal scholars about doing “whatever it takes” to stop a GOP attempt to rewrite the federal tax code. Asked if that included a joint lawsuit with other states, Murphy said “emphatically, yes.”

A Senate tax bill would eliminate the State and Local Tax (SALT) deduction, something that would particularly hurt high tax states such as New Jersey, New York and California. A House bill that passed this month would remove the deduction only for state and local income and sales taxes, but cap it at $10,000 for property taxes.

“Some of the leadership in those states have used the phrase, ‘it’s an unconstitutional double tax,’” Murphy said after an unrelated transition event in Trenton.'>>>

http://observer.com/2017/11/murphy-new-jersey-could-sue-to-stop-gop-tax-overhaul/

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