LoBiondo Issues Statement on Voting ‘No’ on Tax Reform

WASHINGTON – U.S. Representative Frank A. LoBiondo (NJ-02) issued the following after his no vote on H.R. 1, the “Tax Cuts & Jobs Act:”
“When the House tax reform legislation was introduced, I said my support was dependent on preserving key deductions critical to taxpayers in my high-tax state of New Jersey. As hard-working South Jersey residents already face excessive taxes from Trenton, I cannot support compounding the financial burden by eliminating their state and local income tax deductions, capping their property tax deductions, and removing deductions for medical or education expenses. While I support reforming and simplifying the tax code, my NO vote today was in the best interest of my constituents.”