New Jersey voters continue to resoundingly voice their opposition to the federal tax plan because of its favoritism to millionaires and corporations over the everyday taxpayers. Josh Welle, Democratic candidate for New Jersey’s 4th Congressional District, couldn’t agree more and said: “I know that tax reform is more about compromise than anything else, but this Congress shunned the public process and made the livelihoods of New Jersey taxpayers a bargaining chip. Chris Smith did nothing to prevent the House GOP from ramming through burdensome legislation that targeted his own District.”
A recent polling report from New Jersey Policy Perspective found that New Jersey voters, “oppose the new federal tax law by a margin of 14 points, with a clear majority (59 percent) believing it will mostly help the wealthy and corporations.”
“The people of New Jersey’s 4th District need a tax policy that will close loopholes and restore the state and local property tax deduction, not major bonuses to mega-corporations. We have yet to see this tax plan spur job growth and frankly, I don’t think that promise will ever be met.”
Moody’s Analytics reported that Central New Jersey was among the hardest hit regions across the country from the state and local property tax deduction cap.
Josh Welle is an Annapolis graduate, Afghanistan veteran, Commander in the Navy Reserve, and former founder of a technology company. He was raised in Monmouth County and is a Democratic candidate for New Jersey’s 4th Congressional District competing to unseat 38-year incumbent Chris Smith. He lives with his wife, Angela, in Rumson, New Jersey.
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