Thursday - November 20, 2014
Carolinians May Lose Tax Break
Written by Bruce Ferrell   
Saturday, 02 March 2013 06:14

RALEIGH - 900-thousand North Carolinians could soon lose a tax break that's worth up to 400 dollars a year. The earned income tax credit goes to working families in the form of a tax refund.

Karen Spain says she used the credit to catch up on bills,

“So without that income tax credit I would not have been able to keep a roof over my kids head. I would not have been able to make sure they had food, and that is pretty much how I spent my money.”

The earned income tax credit could be reduced this year as part of a tax reform package in the legislature. Advocates for working families say the credit is needed to help people out of poverty.

Last Updated on Monday, 04 March 2013 19:00
 
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