Dec 27, 2024
Press
IRS Releases New SALT Data Proving Tax Hike Bill Raises Taxes on NJ Families
Sep 07, 2018
Press
Today, Congressman Josh Gottheimer (NJ-5) released the following statement and chart on the new data detailing the impact of the State and Local Tax Deduction Cap in North Jersey.
“The new IRS numbers just prove what we’ve been saying all along: the Tax Hike Bill jacks up taxes significantly on New Jersey families, and Bergen County will be hit the hardest. Any new effort to gut SALT permanently should be voted down because it’s a raw deal for so many Americans, including New Jersey. We need to be cutting taxes here in North Jersey— not burdening our families and businesses with more federal tax hikes.”
 |
|
County |
Number of Returns |
Returns Claiming SALT |
SALT Use Ratio |
Total SALT Deducted |
Average SALT Amount Claimed |
|
Bergen County |
465,350 |
218,290 |
0.469 |
5,409,903 |
24,783 |
|
Passaic County |
249,170 |
81,870 |
0.329 |
1,204,665 |
14,714 |
|
Sussex County |
72,640 |
35,730 |
0.492 |
509,762 |
14,267 |
|
Warren County |
53,550 |
23,520 |
0.439 |
296,061 |
12,588 |
|
SOURCE: |
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