*Millions* of New Jerseyans Would Lose Ability to Deduct State Income or Sales Taxes – NJ Policy Perspective

A total of 1.8 million New Jersey households deduct a cumulative $17 billion in state income or sales taxes from their federal taxes. At 40 percent of all taxpaying households, New Jersey ranks third highest in the nation, behind Maryland (45 percent) and Connecticut (41 percent). Of these 1,775,740 households, …

The GOP Tax Plan Will Hurt NJ Residents

“The loss of the federal income tax deduction for state and local taxes paid would mean a loss of about $21,500 in write-offs for the average New Jersey taxpayer.” To find out how YOU will fare in your town, CLICK on the interactive map HERE: https://atnj.org/NJtaxmap The darker the green, the …