Governor-elect Phil Murphy and other Democratic governors expressed concerns over the GOP tax overhaul, labeling it a divisive measure that would harm high tax states by eliminating the State and Local Tax deduction.
Despite their strong opposition and calling the tax plan 'evil,' the governors admitted their limited ability to halt its progress, instead urging their constituents to advocate against it.
Murphy, highlighting the legislative battle, mentioned the support of Republican members in New Jersey, indicating that their votes could influence the outcome of the tax legislation in Congress.
The proposed changes to the SALT deduction stand to significantly escalate the federal tax burden on residents of high tax states like New Jersey, California and New York.
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