Urges Governor to Get Behind “Path to Progress” Reforms to Lower the Cost of Government in the Garden State
Senator Steven Oroho said the Murphy Administration should widen its focus beyond efforts to lift the cap on the federal income tax deduction for state and local taxes (SALT) by joining bipartisan efforts to lower the combined tax burden of New Jersey families:
Sen. Steven Oroho said the Murphy Administration should widen its focus beyond efforts to lift the SALT cap by joining bipartisan efforts to lower the combined tax burden of New Jersey families. (SenateNJ.com)
“The Murphy Administration has focused almost exclusively on lifting the $10,000 cap to the federal SALT deduction to provide tax relief to New Jersey families,” said Oroho “While the administration is rolling the dice against long odds in fighting the SALT cap in federal court, our ability to control State and local finances is much more certain. I urge Governor Murphy to join us by getting behind the ‘Path to Progress’ and the bipartisan structural reforms we have proposed. By lowering the cost of government in New Jersey, we have the direct ability to minimize the impact of the SALT cap on New Jersey taxpayers.”
Oroho, the Senate Republican Budget Officer, served as co-chair of the Economic and Fiscal Policy Workgroup which produced the “Path to Progress” report.
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