By Alexandra Forter Sirota
Budget & Tax Center Director
The Senate tax plan (HB 998, Fifth edition), like all tax plans under consideration, allows the state Earned Income Tax Credit (EITC) to expire, raising taxes on thousands of low-income soldiers, veterans, and their families. The EITC has proven to be an effective tool at supporting low-income military families and lifting them out of poverty while their loved ones serve in harm’s way. For the sake of these military families and the additional more than 800,000 North Carolinians who work and receive this important support, the state should ensure the state EITC remains a part of our state’s tax system.