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Senate sends McCrory bill that eliminates the state's earned income tax credit

UPDATED:With the Senate's final approval Wednesday, a measure to let a modest state tax credit for low- and moderate-income taxpayers expire in 2013 is headed to Gov. Pat McCrory.

The measure sunsets the earned income tax credit (EITC) -- after a one-year extension -- drew the scorn of Democrats, who unsuccessfully sought to extend it. The legislation lowers the state's tax break slightly for the 2013 tax year because the federal tax credit increased.

Republicans said the bill is standard fixes to "decouple" the state from federal tax policy. But Democrats link it with efforts this session to curtail unemployment benefits and prevent Medicaid expansion to show the majority party is disregarding the poor.


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Proving....

..that if you are middle class...or lower class..and you voted for the GOP....you are an idiot....the GOP continues to steal from you..and give to the most wealthy in the state.....

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