Congressman MacArthur’s Statement on Tax Day
WASHINGTON, D.C. – Congressman MacArthur released the following statement:
Today marks the last day New Jersey families will have to file their taxes under an outdated and burdensome tax code that takes too much of their hard earned money and hampers economic growth. Right now, families across South Jersey are already seeing bigger paychecks, lower utility bills, and increased bonuses, as a result of tax reform, and next year they will see more relief under the new tax code. Families will be able to take advantage of lower rates, a doubling of the standard deduction, increased tax credits for childcare and care of adult dependents, while small businesses will see the lowest tax rate since WWII. Despite all the partisan fear-mongering, the new tax code will absolutely help overburdened New Jersey taxpayers and jump start our economy.