Statement from Governor Murphy on IRS Ruling Against NJ Taxpayers
Statement from Governor Murphy on IRS Ruling Against NJ Taxpayers
“The IRS today made clear it is not interested in fairness for New Jersey’s taxpayers. Instead, it protects President Trump’s politicization of the federal tax code. Finalizing a rule that prohibits us from following decades of precedent to protect our residents’ tax deductions is a gut-punch to middle-class families who know that the Trump tax plan is a complete sham. We will continue to fight alongside our Congressional delegation and sister states to restore our residents’ full SALT deductions.”
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