WASHINGTON – U.S. Rep. Frank LoBiondo (R-2nd) issued the following statement Dec. 18, regarding this week’s planned vote on the House-Senate Conference Report on tax reform.
“When the tax reform debate began, I made clear what I could and could not support in a final bill. Hard-working South Jersey residents already face excessive taxes from Trenton, thus preserving key deductions at the federal level would be critical to garner my support.
“While improvements have been made from the House-passed version to retain deductions for medical and educational expenses, the $10,000 collective cap on state and local income tax and property tax deductions will be detrimental in my high-tax state of New Jersey. I will be voting no as it is in the best interest of my South Jersey constituents.”
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