County Executive Tedesco Opposes Congressional GOP Tax Legislation

(Hackensack)- Bergen County Executive Jim Tedesco released the following statement regarding the Tax legislation currently under consideration in Congress:

“This legislation is bad for Bergen County, bad for New Jersey, and bad for our country. New Jersey residents already far pay more in taxes to the federal government than we receive in federal funding. Rather than attempting to create more fairness for middle class New Jersey families, this bill eliminates the state and local tax deduction, asking us to contribute more to subsidize tax cuts for the very wealthiest Americans and their heirs. Within our state, Bergen County will be among the hardest hit, and families and small businesses throughout our 70 communities will be hurt by this legislation. It would undermine the strength of our regional economy. I strongly urge New Jersey’s Congressional delegation to unanimously oppose this legislation and work with their colleagues to prevent it from being signed into law.”