Hoboken Mayor-Elect: Tax Plan Is an Assault From Red States
New Jersey’s first Sikh mayor is preparing to take office on New Year’s Day and is already voicing his opinions about the new Republican tax law.
Ravinder Bhalla, Mayor-Elect of Hoboken, says that the Tax Cuts and Jobs Act is an assault from red states to blue states, on a national level. He claims that, at a local level, the attack is aimed at the residents of New Jersey. The state has a high tax rate, and the new plan limits deductions taxpayers can receive on state and local taxes up to $10,000. In the past, taxpayers did not have a capped limit.
“That’s going to have a huge economic impact on New Jersey, New York, California, and other states,” Bhalla said. “I am making sure I will do everything I can as mayor, to protect Hoboken residents where policies from Washington impact us, whether it's economic or otherwise,” he said.
The Tax Cut and Jobs Act goes into effect in the new year, but elected officials have already begun to take action. New York Governor Andrew Cuomo recently passed an “emergency executive action” plan that allows property owners to pay taxes ahead of the new legislation.
For full interview [click here](https://cheddar.com/videos/hobokens-first-sikh-mayor-to-be-inaugurated).
Asa Hutchinson, who recently completed two terms as Arkansas governor, said Sunday he will seek the Republican presidential nomination, positioning himself as an alternative to Donald Trump just days after the former president was indicted by a grand jury in New York.
Prosecutors say Donald Trump conspired to undermine the 2016 election through a series of hush money payments designed to stifle claims that could be harmful to his candidacy.
He is expected to be joined in Florida by supporters as he tries to project an image of strength and defiance and turn the charges into a political asset to boost his 2024 presidential campaign.
Board members picked by Florida Gov. Ron DeSantis to oversee the governance of Walt Disney World said Wednesday that their Disney-controlled predecessors pulled a fast one on them by passing restrictive covenants that strip the new board of many of its powers.
The federal government has filed a lawsuit against railroad Norfolk Southern over environmental damage caused by a train derailment on the Ohio-Pennsylvania border that spilled hazardous chemicals.
The charges in the indictment, made by a Manhattan grand jury, center on payments made during the 2016 presidential campaign to silence claims of an extramarital sexual encounter.
