Thursday, December 12, 2024
HomeMorris CountyRep. Sherrill Calls on Senate to Include SALT Relief in Reconciliation

Rep. Sherrill Calls on Senate to Include SALT Relief in Reconciliation

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MORRIS COUNTY — Representative Mikie Sherrill (NJ-11) joined a press conference to highlight the critical importance of tax relief for New Jersey families, including teachers and first responders, and urge the Senate to include an adequate fix to the State and Local Tax (SALT) deduction cap in the Senate version of the reconciliation package.

Rep. Sherrill was joined at the press conference by the Chair of the Congressional Black Caucus Rep. Joyce Beatty (OH-03), Rep. Josh Gottheimer (NJ-05), Rep. Tom Suozzi (NY-03), President of the American Federation of Teachers Randi Weingarten, and President of the International Association of Fire Fighters Edward Kelly.

Before the SALT deduction was capped in the 2017 tax bill, 54 percent of NJ-11 families took the deduction.

“It’s wonderful to be here with such a great group of colleagues and friends to talk about this critical deduction,” said Rep. Sherrill. “When we’re standing here today and we see our teachers here, when we see our firefighters here, we’re talking about the backbone of the organizations that got us through COVID. These are people that we really couldn’t have made it through the darkest days of the pandemic without. And to see that they’re getting kneecapped by the SALT cap is really devastating. Not only are our middle-class families paying the price, but our communities are paying the price – and they’re paying for it with the services we all rely on. That’s why we are calling on the Senate to ensure the SALT deduction is addressed in the final version of this bill.”

“We are here today to fight for tax cuts for the hard-working families we represent, like the firefighters, teachers, and first responders who support communities across the country and in Northern New Jersey. By reinstating the State and Local Tax deduction, we will be putting money right back into the pockets of hard-working Jersey families and families around the country,” said Rep. Gottheimer. “Now, I am again asking our Senate colleagues to keep moving forward, to include restoring SALT as part of their legislation.”

“New York State has one of the highest levels of union membership in the United States. The SALT cap caused union families to see a tax increase,” said Rep. Suozzi. “More importantly, the cap has accelerated a race to the bottom where wealthy taxpayers flee our state for lower tax jurisdictions that not only have low union membership but are openly hostile to unions. We must address this and ensure the Senate-passed version of the Build Back Better Agenda includes a SALT fix that we in the House can support.”

“In 2017, when Republicans were trying and failing to repeal the Affordable Care Act, they also silently raised taxes for hardworking middle-class families,” said Rep. Beatty. “By imposing a $10,000 SALT cap, small-minded politicians kneecapped middle-income families in the places where they were already struggling. It’s time to correct their mistake and reinstate the SALT deduction.”

“We’re fighting for the revival of SALT because working families need it. The first tax code in the USA had state & local tax deductions in 1913. Why? Because they knew then what we should know now: We have a federal system, services are developed by the states,” said Randi Weingarten, President of the American Federation of Teachers. “Let’s deliver for the middle class. This is a way of putting the incentive system back in place to invest in localities, in sewer systems, in fire systems, and in schools.”

“In 2018, the previous Administration signed into law the Tax Cuts and Jobs Act, which neither cut taxes nor created jobs. Despite the name of this law, it put enormous, unnecessary strain on cities and towns all across America, and it’s made it even harder for us as firefighters to do our jobs protecting the citizens. That financial strain has made funding levels unsafe. This critical funding is needed to ensure that firefighters and paramedics and teachers and police officers have the staffing, training, and equipment we need, not only to educate our kids, not only to police our streets, not only to fight the fires…but also to take care of the most vulnerable amongst us, our elderly, our children,” said Edward Kelly, General President of the International Association of Fire Fighters. “I call upon our members in the Senate to support this initiative, to support your firefighters, to support your teachers, support the children and the elderly and the people who make this world, our world, that we all took an oath to serve, better.”

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Frank Cahill
Frank Cahillhttps://www.frankcahill.com
Publisher of Parsippany Focus since 1989 and Morris Focus since January 1, 2019, both covering a wide range of events. Mr. Cahill serves as the Executive Board Member of the Parsippany Area Chamber of Commerce, Governor-Elect NJ District Kiwanis International and Chairman of the Parsippany-Troy Hills Economic Development Advisory Board.
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