LegiScan’s Roll Call: NJ A4495 | 2018-2019 | reported, Sen. Kean Jr., Thomas H. [R] voted against closing this estimated $290 million corporate tax loophole.
28 States Plus D.C. Requires Combined Reporting for the State Corporate Income Tax
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Congressman Tom Malinowski (NJ-7) who supports even fairer corporate tax codes at the Federal and State levels is being challenged by Kean Jr. It is estimated that these measures would generate an additional federal and state tax revenue of $ 97.8 billion and $ 714 million per year, respectively.
Grover Norquist’s ATR.org’s Website includes Tom Kean, Jr. as a signer of their Taxpayer Protection Pledge. All the NJ Senate Pledge Signers voted against overturning the corporate tax loophole, this is Taxpayer Protection Pledgers not protecting the taxpaying voters of New Jersey; but protesting Corporations that are unpatriotic to the State of New Jersey and its taxpaying voters.