Unfortunately for us, we in NJ do not get the choice to live in those unincorporated areas the rest of you get to that pay virtually no property taxes.
WSJ: “So far, party leaders haven’t been able to reach a compromise that would continue some federal tax break for local property taxes. New York and New Jersey lawmakers went to the leadership’s offices for a meeting on the issue right after the vote and emerged without an agreement.
“I voted no because we don’t have a deal yet,” said Rep. Tom MacArthur (R., N.J.). “We’re seven or eight innings into this, and we don’t have a deal yet.”
Rep. Kevin Brady (R., Texas), the Ways and Means chairman, said he is exploring options offered by the budget’s opponents. Those include a credit for homeownership that could include property taxes and mortgage interest.”