Pascrell, Gottheimer, and Salt and SALT

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RAMSEY – For Democratic congressmen Bill Pascrell of Paterson and Josh Gottheimer of Wyckoff, it was all about salt Monday morning – both literally and figuratively. With mounds of salt behind them and much muddy terrain in front of them, Pascrell and Gottheimer used the borough’s salt dome as a prop to announce a full-scale effort in the next Congress to repeal the $10,000 cap on state and local tax deductions. The deductions have become known by the acronym SALT. The cap on SALT deductions, which begins this tax year, was a key part of the 2017 Republican-inspired federal tax reform bill. It also was a key part of the just-concluded midterm election with Democrats condemning it all over the state. Only one House Republican from New Jersey supported the federal tax bill. No matter, voters still elected 11 Democrats and only one Republican to represent the state in the new Congress. Pascrell was not far off when he said Republicans got a “thumping” on election day. Now with Democrats about to take control of the House in January, the lawmakers talked about introducing legislation to eliminate the cap and restore the full, unlimited deduction for state and local taxes. Such legislation seems certain to pass the House. But what then? Republicans still will control the Senate in January; in fact they have increased their numbers by two. So, the GOP will run the Senate by a margin of 53-47 as opposed to