Newspaper article The Record (Bergen County, NJ)

Gottheimer to Murphy: Don't Raise N.J. Taxes

Newspaper article The Record (Bergen County, NJ)

Gottheimer to Murphy: Don't Raise N.J. Taxes

Article excerpt

One of the Democrats who has been railing about the damage the new federal tax law will do to New Jersey has a message to the incoming governor from his own party: Don't make it worse.

"We can't afford to raise taxes on anyone in New Jersey," Rep, Josh Gottheimer, D-Wyckoff, told The Record and when asked about Gov.-elect Phil Murphy's support for a so-called "millionaires tax."

"We need to get the economy working and moving in New Jersey. We need to cut taxes," Gottheimer said. "New Jersey is too expensive for people and for businesses and it's part of the challenge."

Asked if he discussed this with Murphy, Gottheimer said he had, but he would not disclose Murphy's reaction.

Outgoing Gov. Chris Christie, a Republican, vetoed five bills passed by the Democratic majorities in the Assembly and Senate that would have raised state income taxes on people making more than $500,000 or $1 million to fund other priorities, including municipal and school aid. Murphy told voters last year he would support such a plan, and won overwhelming support from public employee unions that perennially battled with Christie.

"I think millionaires are going to do just fine, unfortunately, in this bill in Washington. So it doesn't impact my view of what we should do in New Jersey," Murphy said on Nov. 28. "Everything we've talked about this entire campaign is to back the truck up and get back to reinvesting in the middle class and asking ... the wealthiest among us, to pay their fair share.".

But Senate President Steve Sweeney, D-Gloucester, said this week it might be necessary to "take a step back" and reexamine the millionaire's tax. He said, however, he was not saying he was against it.

Murphy and Gottheimer were together at a Jan. 5 event in Fair Lawn highlighting a possible workaround to the new $10,000 cap on the federal deduction for state income and local property taxes, a provision that would have a more severe impact in New Jersey than in most other states. …

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