September 30, 2017

Congressman Gottheimer Stands up for New Jersey Taxpayers on SALT Deductions

FAIR LAWN – Congressman Josh Gottheimer (NJ-5) spoke about the proposed elimination of the state and local tax (SALT) deductions in the tentative federal budget alongside Fair Lawn residents Denise and Baruch Gadot.
Gottheimer spoke out Sept. 29 after the release of President Donald Trump’s tentative budget that must now be debated in both houses of Congress.

Gottheimer, who has sat side-by-side recently with President Trump on a bipartisan commission to find solutions between Republicans and Democrats, is a local link to the President.

Gottheimer, who has an office in Glen Rock, does not agree with President Trump on many issues, though, and is clear where he stands with his local constituents.

“Today, we have to stand up and defend New Jersey – those who, once again, want New Jersey to be America’s piggy bank. We need lower taxes and cannot afford a tax hike of $3,500 per person in Jersey by eliminating the state and local tax deduction. It’s anti-competitive and will drive people and business to other states. We can’t raise the tax burden on all of us in New Jersey, putting our jobs, businesses, and economy at risk,” Gottheimer said outside the resident’s home.

President Donald Trump on the White House website outlined his “moral commitment” to replace the “current economic stagnation with faster economic growth” based on eight pillars of reform: health care tax simplification, immigration, reductions in federal spending, regulatory rollback, American energy development, welfare, education.
The 2018 federal budget includes the following increases: $639 billion for the Department of Defense—a $52 billion increase from 2017; veterans; border security, immigration enforcement, and law enforcement at the Departments of Homeland Security and Justice.

These funding increases will provide additional resources for a southern border wall, expanded detention capacity, and initiatives to reduce violent crime, as well as more immigration judges, U.S. Immigration and Customs Enforcement officers, and Border Patrol agents.

The Budget also invests significant resources in efforts to combat opioid abuse.

“As this Budget returns us to economic prosperity, it will also allow us to fund additional priorities, including infrastructure, student loan reform, and initiatives to help working families such as paid parental leave,” Trump said. “We will champion the hardworking taxpayers who have been ignored for too long. Once we end our economic stagnation and return to robust growth, so many of our aspirations will be within reach.”