Mayor Jonathan Hornik asks Marlboro Council to support legislation allowing property taxes payments as charitable contributions

Marlboro Mayor Jon Hornik

Marlboro Mayor Jonathan Hornik is asking the Township’s Council to support Governor-elect Phil Murphy’s proposal to allow New Jersey residents to make charitable contributions in lieu of property taxes as an end around the tax reform legislation passed by Congress and signed into law by President Trump last year.   The new federal tax law limits the deduction for State and Local Taxes (SALT) to $10,000.

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Posted: January 11th, 2018 | Author: | Filed under: Jon Hornik, Marlboro, Monmouth County News, Phil Murphy | Tags: , , , , , , | 4 Comments »