BUSINESS & ECONOMY

New Jersey taxpayers feel SALT cap pain

BY Brenda Flanagan, Senior Correspondent |

In upscale Bergen County — where property taxes average more than $24,000 a year — the $10,000 cap on State and Local Tax deductions hits hardest.

At a press conference on Tuesday, Rep. Josh Gottheimer unveiled a bipartisan effort brewing in the House to temporarily fix the tax bill.