McCrory, Tax Overhaul Opponents Talk On Filing Day
RALEIGH, N.C. — Conservatives are using the April 15 deadline to celebrate tax changes that North Carolina lawmakers argue will keep more money in family wallets and encourage job creation.
Gov. Pat McCrory and key legislators plan to join right-leaning policy groups Tuesday for a tax-filing day news conference in Raleigh. They plan to highlight a new annual report from the American Legislative Exchange Council to promote the tax overhaul law.
The changes approved last year didn't affect 2013 state individual income tax returns most must turn in before Tuesday night. The law reduced income and corporate income tax rates and increased standard deductions starting in 2014.
Critics to the changes plan their own news conference Tuesday morning. They say the changes actually will lead to higher taxes for lower-income taxpayers.