Top Democrat says Trump tax reform hosed N.J.'s rich. This expert says that's all wrong.
New Jersey On-Line -

The federal tax expert whose analysis is cited by the Senate president to argue against a millionaires tax weighs in.

As recently as November, state Senate President Stephen Sweeney led the call for a new tax on millionaires in New Jersey.

But that all changed when Congress passed federal tax reforms capping a crucial state income and property tax deduction for homeowners, including those in the Garden State who pay the highest local taxes in the country.



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