North Carolina Democrats have proposed more legislation to restore the state’s earned income tax credit.
Senate Bill 576, dubbed the Recovery Rebate for Working Families Act, would set North Carolina’s earned income tax credit at 20% starting in the 2021 tax year. The bill’s sponsors said the nearly one million low-income North Carolinians who qualify could receive an extra $500 back under the proposal.
Canton resident MaryBeth Cochran said the extra money would help families similar to hers that are struggling to cover their basic needs during the COVID-19 pandemic.
Cochran worked at Kmart before the pandemic to supplement