Cumberland County
New Jersey

Resolution
RES-2017-590

Resolution Opposing Any Tax Reform Proposal That Would Eliminate The State And Local Tax (SALT) Deduction

Information

Department:FinanceSponsors:Deputy Director Darlene Barber, Freeholder Carman Daddario
Category:Miscellaneous

Attachments

  1. Printout

Body

WHEREAS, Congress is giving serious consideration to eliminating the federal income tax deduction for state and local taxes; and

WHEREAS, this deduction, which has been in place for more than 100 years, is heavily utilized by residents of our community and our state; and

WHEREAS, the state and local tax deduction is a fundamental principle of federalism and without it out residents would be faced with double taxation as they would be forced to pay federal income taxes on the taxes they pay to state and local governments; and

WHEREAS, this federal cost shift onto local governments would place extreme pressure on municipal/county budgets, including diminished revenue for essential local government investments, including public safety and public infrastructure; and

WHEREAS, increased federal taxation and reduced municipal/county services will harm our local housing market, decrease home values and erode our local tax base.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF CHOSEN FREEHOLDERS OF THE COUNTY OF CUMBERLAND, as follows:

1.              That Cumberland County expresses its strong opposition to any tax reform proposal that would eliminate the State and Local Tax (SALT) Deduction and urges U.S. Congressional Representative Frank A. LoBiondo, Senator Cory Booker and Senator Robert Menendez to join us in publicly opposing any such proposal.

2.              That this Board is hereby authorized and directed to communicate the concerns of Cumberland County by transmitting certified copies of this resolution to President Donald J. Trump, United States Senate Majority Leader Mitch McConnell, United States Senate Minority Leader Charles Schumer, United States House of Representatives Speaker Paul Ryan, United States House of Representatives Minority Leader Nancy Pelosi and the National Association of Counties.

Passed and adopted at a regular meeting of the Board of Chosen Freeholders held at the Cumberland County Administration Building, 164 West Broad Street, Bridgeton, New Jersey on Tuesday, October 24, 2017 at 6:00 p.m. prevailing time.

 

 

Meeting History

Oct 24, 2017 6:00 PM Video Board of Chosen Freeholders Regular Board Meeting
draft Draft
RESULT:ADOPTED [UNANIMOUS]
MOVER:Darlene Barber, Deputy Director
SECONDER:Carol Musso, Freeholder
AYES:Carman Daddario, Carol Musso, James F. Quinn, James R. Sauro, Joseph V. Sparacio, Darlene Barber, Joseph Derella