Republicans and Democrats Agree: Jersey Gets the Shaft Once Again – and Higher Taxes

Nov 02, 2017

No to this Tax Plan, Yes to When We get to Tax Cuts for NJ-5

Today, in response to the new tax hike bill, Congressman Josh Gottheimer (NJ-5) released the following statement:

“I came to Congress to cut taxes for New Jersey families. I want tax cuts and a simpler code for New Jersey families and businesses of all sizes. And I have been on a ‘Tax Cut Tour’ for months now, outlining New Jersey’s priorities for fiscally-responsible tax reform and about what kind of plan I can support. My litmus test has been clear: Will this tax proposal cut taxes for New Jersey families?
As Republicans and Democrats from our state have made clear, this bill fails that test. When all the smoke clears, per capita, it’s actually a tax hike on New Jersey families. Our residents will pay substantially more in federal income taxes. It will force people and businesses out of our state.

I’m hoping the next version will actually get us a tax cut – not a tax hike. I’m ready to support an actual tax cut bill.

This tax hike bill eliminates the state and local tax deduction – a deduction that 52 percent of families in New Jersey take – and severely limits property tax deductions. We will lose our ability to deduct the interest on our home and will see our property values go down. Seniors and families will lose the ability to deduct their medical expenses. The deficit and national debt will explode, by at least $1.5 trillion. And other states – moocher states – will, once again, take our tax dollars to pave their roads and build their bridges.
This tax hike bill will make people and businesses think twice about moving to our state, and leave the rest of us with bigger and bigger bills to pay for essential services like police and fire departments, highways, and resources to fight homegrown terror.

Unfortunately, the tax hike bills delivers only one message: Drop Dead, New Jersey.

The American people deserve a bipartisan approach to fix our broken tax code, so I hope the one-sided, backroom bill-writing ends today. As Co-Chair of the bipartisan Problem Solvers Caucus, I’m ready to hash out our differences — to sit down at the negotiating table and work out a fair, bipartisan agreement, the way that President Reagan and Tip O’Neil did in 1986. I also look forward to continuing my ‘Tax Cut Tour’ to bring attention to the New Jersey seniors, families, and businesses that need a true tax cut, not a raw deal.

Recent Posts

May 29, 2024

RELEASE: Gottheimer Demands Transparency and Action from USPS Leadership Regarding Lafayette Post Office

Above: Gottheimer calling on USPS to reestablish its post office in Lafayette. LAFAYETTE, NJ — Yesterday, May 28, 2024, U.S. Congressman Josh Gottheimer (NJ-5) called on United States Postal Service leadership to uphold its pledge to reestablish a post office in Lafayette, New Jersey, five years after they suspended operations. Since USPS’s 2019 decision to close […]

May 28, 2024

RELEASE: Gottheimer Announces New Federally-Backed Grant Program for Broadband in Sussex County

Below: Gottheimer announcing new federal investments for broadband. NEWTON, NJ — Today, May 28, 2024, U.S. Congressman Josh Gottheimer (NJ-5) announced new federal investment secured for New Jersey to ensure that every family has access to high- quality, high-speed, affordable internet. The new $50 million federal investment will be made available through the New Jersey Broadband […]

May 27, 2024

PHOTO RELEASE: Gottheimer Honors Memorial Day & America’s Fallen Heroes at Bergenfield Parade

Above: Gottheimer marching in the Bergenfield Memorial Day Parade. BERGENFIELD, NJ — Today, May 27, 2024, U.S. Congressman Josh Gottheimer (NJ-5) marched in the Bergenfield Memorial Day Parade to honor all those who made the ultimate sacrifice for our great country while serving in our nation’s military. Below: Gottheimer honoring Memorial Day today in Bergenfield. ###