12-6-19 in New Jersey

Via Insider New Jersey, Blue New Jersey opposes the SALT cap,  whereby Federal income tax deductions of state and local taxes are capped at $10,000. Needless to say, this hits high tax Blue States (like New Jersey) very hard.

Complains Congressman Mikie Sherrill (D): 

Sherrill criticized the cap throughout the 2018 campaign, contending that the average resident in the 11th District paid almost $20,000 in state and local taxes. That means an additional $10,000 is now subject to federal taxes. It’s always hard to know why people vote the way they do, but it seems clear that the SALT cap helped Democrats win all but one congressional seat last year. But the problem is that as we come to the end of 2019, the cap remains. And that is what Sherrill says she’s trying to change. She said in her statement that she plans to be on the House floor “every day” until Congress leaves for the holidays “highlighting the impact of SALT on my constituents and on Americans across the country.”

Why on Earth would low tax Tennessee, New Hampshire, Iowa or Texas care about New Jersey's high tax problem? If you were paying around $10,000 in property taxes a year down south, how much acreage would you own?

Yes we took a hit. A small one. We don't care. 

From one New Jersey resident to another, Ms. Sherrill. You're a Democrat. You like taxes. Pay 'em.