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Murphy signs law intended to ease burden of tax reform

Gov. Murphy signed a bill that would let property owners outmaneuver the SALT duductions.

05/04/2018

NJTV News

Murphy signs law intended to ease burden of tax reform

Clip: 5/4/2018 | 3m 21sVideo has Closed Captions

Gov. Murphy signed a bill that would let property owners outmaneuver the SALT duductions.

Gov. Murphy signed a bill that would let Jersey property owners outmaneuver the Trump Administration’s $10K cap on so-called SALT, or state and local tax, deductions. A cap which the governor said could hurt the 41 percent of New Jersey households who benefit from taking full deduction.

05/04/2018

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