Gottheimer Reacts to Senate Passage of Tax Hike Bill

Dec 02, 2017

Today in response to the Senate Passage of the Tax Hike Bill, Congressman Josh Gottheimer (NJ-5) released the following statement:

“This Tax Hike Bill is unmitigated assault and tax hike on New Jersey families and businesses. And, what’s worse, by eliminating the deductions we rely on, it’s a broken promise to every resident and business in our state. That’s why everyone–from the New Jersey Chamber of Commerce to law enforcement to nearly every member of the Congressional delegation, Democrat and Republican alike–voted against the Tax Hike Bill.

“It eliminates our ability to deduct state and local income taxes, brings back the AMT, and nearly eliminates our ability to deduct our property taxes and mortgage interest. It will send jobs, people and businesses fleeing from our state and send housing prices plummeting.

“It’s another nail in New Jersey’s coffin.

“I want actual tax cuts for New Jersey, and I’ve been working across the aisle to get tax cuts. But this Tax Hike Bill represents yet another huge giveaway to Moocher States like Mississippi and Alabama — at the cost of a huge tax hike on our backs. We must use every tool in our arsenal to fight back, Jersey style, and stand up to the these greedy Moocher States that are shamelessly pillaging our state and future for their gain.”

Recent Posts

May 24, 2024

RELEASE: Gottheimer Joins Congregation Bnai Yeshurun to Discuss Rising Antisemitism and Standing Against Hate at Home

Above: Gottheimer speaking at Congregation Bnai Yeshurun. TEANECK, NJ — U.S. Congressman Josh Gottheimer held a fifth community discussion at Congregation Bnai Yeshurun. Gottheimer dialogued with Rabbi Elliot Schrier about rising antisemitism — online, on campuses, and in North Jersey communities — and his work to combat it. During the event, Congressman Gottheimer highlighted the record […]

May 23, 2024

RELEASE: Gottheimer, D’Esposito Introduce New Legislation to Hold the MTA Accountable for its Hypocrisy

Above: Gottheimer and D’Esposito announcing new legislation to stop MTA CEO Janno Lieber from using federal funds for a taxpayer-funded vehicle. WASHINGTON, DC — Today, Thursday, May 23, 2024, U.S. Representatives Josh Gottheimer (NJ-5) and Anthony D’Esposito (NY-4) introduced new legislation to stop MTA CEO Janno Lieber’s continued Congestion Tax hypocrisy. While hardworking commuters, nurses, teachers, […]

May 22, 2024

RELEASE: House Passes Gottheimer-led Bipartisan Legislation to Modernize Crypto Regulation and Protect Consumers

Above: Gottheimer on the House floor. WASHINGTON, DC — Today, Wednesday, May 22, 2024, the Financial Innovation and Technology for the 21st Century Act (FIT21), which U.S. Congressman Gottheimer helped negotiate in the Financial Services Committee, passed the House with bipartisan support. This bipartisan legislation clarifies regulation for digital assets, bolsters consumer protection, and ensures […]