WYCKOFF, N.J. – After a federal ruling yesterday dismissed cases to rescind the $10,000 cap on state and local tax deductions, Assemblyman Christopher DePhillips said that if Governor Murphy and Democrats were sincere about eliminating the cap on state and local taxes, then they should do it in New Jersey.
“Republicans tried to eliminate New Jersey’s cap on property tax deduction multiple times, and the Democrat majority voted to maintain higher taxes in each instance for no other reason than it was proposed by Republicans and it would keep up the fight against Trump,” said DePhillips (R-Bergen). “They obviously must not disagree on the substance of the policy if they are criticizing the federal law, which was based on New Jersey’s cap. It is completely hypocritical. If they don’t want a cap, then eliminate the one at home.”
Assembly Republicans have provided chances to provide a full property tax deduction on state income taxes five times. Three times by Asw. Handlin in February, March and April 2018, once by Asm. Rooney and once by Asm. Bramnick.