Carolinians May Lose Tax Break |
Written by Bruce Ferrell
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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.
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Last Updated on Tuesday, 05 March 2013 00:00 |