Political Quotes

“I would be happy to. One of the biggest challenges people don't realize for States like New Jersey, New York, Connecticut, and California is how much our taxpayers pay into the Federal Government and, historically, how we get back less in return than some of the other States in the country do. For instance, for every dollar that Mississippi sends to the Federal Government, they get $4.38 back. Alabama, I believe, receives $4.32 back. The State of Louisiana starts its budget every year with half coming from the Federal Government. States like Jersey, we get back 67 cents, historically, on the dollar. What does that mean? It means that we pay lots of money to Washington. People like me are fighting to claw more back to Jersey, but we know that other States benefit more. When the tax hike bill passed in 2017, and the red States gutted the State and local tax deduction, capping it at $10,000, what they did was shift actually even more of the tax burden over to blue States like ours, and the red States benefited even more. It just reiterates, even more, the importance of actually reinstating the State and local tax deduction, not only because, as Katie Porter said, it is double taxation and not only because it has been around since 1913 or even before for exactly this purpose. It is because we recognize that some States pay more than others, and we have to find ways to balance that out.…”