Thursday - March 28, 2024
Carolinians May Lose Tax Break
Written by Bruce Ferrell   
Saturday, 02 March 2013 11:14

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 Tuesday, 05 March 2013 00:00
 
Banner
Banner
Banner
Banner
Banner
Banner

 

NCNN is a division of Curtis Network Group, Inc.
3012 Highwoods Blvd. - Suite 201 - Raleigh, NC 27604
Office/Sales: 919-790-9392 | Newsroom: 919-878-1724
Copyright © 2018 - Curtis Media Group, Inc.