Statement on House Finance Vote on HB998 from Alexandra Forter Sirota, Budget & Tax Center Director

RALEIGH (June 4, 2013) — This tax plan will provide the wealthiest North Carolinians a tax cut while middle-class and low-income taxpayers pay more.

The only amendment accepted makes things worse — adding $525 million to the price tag and bringing the revenue loss each year to nearly a $1 billion.  Without this vital revenue, North Carolina can’t  make needed investments in our economy, our children's education, the health of our seniors and the safety of our communities. 

Click here for a factsheet with more information on HB 998.

FOR MORE INFORMATION, CONTACT: Alexandra Forter Sirota, alexandra@ncjustice.org, 919.861.1468; Jeff Shaw, jeff@ncjustice.org, 503.551.3615 (cell).
 

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