Gottheimer Questions Treasury Secretary Mnuchin on Reinstating SALT Deductions and Utilizing the Charitable Tax Deduction

May 22, 2019
Press

Today, Wednesday, May 22, 2019, U.S. Congressman Josh Gottheimer (NJ-5) questioned U.S. Treasury Secretary Steve Mnuchin on state and local tax (SALT) caps and charitable tax deductions during a House Financial Services Committee hearing.

“The recent Tax Hike Bill had a devastating impact on the Fifth District of New Jersey, gutting the SALT deduction, sharply limiting New Jersey’s property tax deductions, and imposing a massive tax hike on Jersey’s families and businesses,” said Congressman Josh Gottheimer (NJ-5). “Last year, I worked with New Jersey officials on legislation to provide real tax relief for my constituents via tax credits for charitable contributions to our towns.”

Gottheimer continued, “After New Jersey passed the law, the IRS, without any legislative basis, against legal precedent, and decades of previous IRS approval, issued provisional rules that would severely limit New Jersey’s ability to offer tax relief — not to mention curtail the tax benefits in other states like Alabama, Georgia, and South Carolina that have been using the charitable provision for decades. This is not a red state or blue state issue, Mr. Secretary, and Congress didn’t give the you or the IRS permission to interpret the tax law as they see fit.”

Watch Gottheimer’s questioning of Secretary Mnuchin here.

Recent Posts


Nov 1, 2024
Press

RELEASE: Gottheimer Announces New, Federal Bipartisan Actions to Protect Ballot Boxes

HACKENSACK, NJ — Today, November 1, 2024, U.S. Congressman Gottheimer (NJ-5) announced the new bipartisan Ballot Box Protection Act to explicitly make destroying a ballot drop box a federal crime which is currently not the case. Additionally, Gottheimer is urging New Jersey Governor Phil Murphy, New Jersey Lieutenant Governor and Secretary of State Tahesha Way, and […]



Oct 30, 2024
Press

RELEASE: Gottheimer, Himes, Pappas Introduce Legislation to Stop Excessive Taxation on Remote Workers

WASHINGTON, DC — U.S. Representatives Josh Gottheimer (NJ-5), Jim Himes (CT-4), and Chris Pappas (NH-1) introduced legislation, the Multi-State Worker Tax Fairness Act (H.R. 10026). The legislation establishes a uniform standard for taxing income based on physical presence in a state — ensuring that remote workers aren’t taxed by a state income earned while not physically present in […]



Oct 29, 2024
Press

RELEASE: Gottheimer, Wilson Lead Bipartisan Letter to Macron Expressing Deep Concern Over Call to Halt Arms Deliveries to Israel

WASHINGTON, DC — Today, October 29, 2024, U.S. Representatives Josh Gottheimer (NJ-5) and Joe Wilson (SC-2) led a bipartisan letter signed by 18 Members of Congress to French President Emmanuel Macron expressing deep concern over his call to halt arms deliveries to Israel. The Members also called on Macron to reconsider his decision. The signatory list of 18 […]