NJCPA IssuesWatch Podcast
15: Congressman Gottheimer on the Impact of the SALT Deduction Cap in New Jersey
A conversation with Congressman Josh Gottheimer, a Democrat who represents New Jersey’s 5th Congressional district, about his efforts to repeal the state and local tax (SALT) deduction cap. The Tax Cuts and Jobs Act implemented a $10,000 cap on SALT deductions, and that has hit New Jersey particularly hard.
See also the results of a recent poll of NJCPA members about tax season, including the impact of the SALT deduction cap.