Josh Stein Stops In Asheville & Charlotte, Highlights Plan To Put More Money In North Carolinians’ Pockets
Today, Attorney General and Democratic nominee for Governor Josh Stein continued to share the first part of his plan to put more money in North Carolinians’ pockets with community members in Asheville and members of the Southeastern Carpenters Training Center in Charlotte.
The Working Families’ Tax Cut would function as a refundable State EITC. It would benefit over 2 million North Carolinians, including over 1 million children. At 20 percent of the federal EITC, it would put $520 dollars on average back into the pockets of working families and for a family with three children or more, it would credit them up to $1,486. The EITC has also proven to boost local economies and improve health and educational outcomes for children living in poverty. In 2007, North Carolina enacted a refundable Earned Income Tax Credit, only for the Republican General Assembly to repeal it seven years later. At the time, the North Carolina Justice Center said, “North Carolina is the only state to eliminate the credit in nearly 30 years.”
As Attorney General, Josh has worked to protect consumers’ wallets from price gouging, scams, and exploitative corporations – winning more than $3.5 billion for North Carolinians.