NJ Politics Digest: State Files Suit Over Federal SALT Limits
The suit, which claims the new changes will force New Jersey residents to pay $3.1 billion more in federal taxes, seeks to have the tax law declared unconstitutional.
SALT deductions
NJ Politics Digest: IRS Takes Aim at State’s SALT Workaround
Think you managed to preserve your federal tax deduction for state and local taxes? The IRS is warning that you'd better think again.
Murphy Calls for Action on Plan to Get Around Federal Limits on SALT Deductions
"This transcends politics," Gov. Phil Murphy said. "It isn't a Democratic or Republican imperative. It is doing right by our citizens."
