MEDIA RELEASE: Earned Income Tax Credit benefits families, economies throughout NC, latest data show
RALEIGH (March 8, 2011) – North Carolina’s state Earned Income Tax Credit helps struggling families and boosts local economies from Murphy to Manteo, the latest data show.
A breakdown released today by the NC Budget & Tax Center shows the 10s of millions of dollars in economic benefit delivered to North Carolina’s working families in every corner of the state.
The state’s largest counties, such as Mecklenburg, Wake and Guilford see the most total impact, while more rural counties such as Robeson, Edgecombe and Swain see the most impact expressed as a percentage of the population.
“Counties in every corner of North Carolina see powerful benefits from the Earned Income Tax Credit,” said Alexandra Forter Sirota, director of the NC Budget & Tax Center. “Any efforts to undermine the credit would also undermine the economic health of every region in North
The spreadsheet tracks the following information for every county in North Carolina: total tax returns qualifying for EITC, total value of the EITC, total number of households receiving a refund, total dollars returning to the county via the EITC, percentage of households qualifying for the EITC, and percentage of households receiving a tax refund via the EITC.
A list of the top 10 counties in several categories of EITC benefits immediately follows this release.
For more information, contact: Alexandra Forter Sirota, email@example.com, (919) 861-1468; or (919) 801-0465; Jeff Shaw, Director of Communications, NC Justice Center, firstname.lastname@example.org, (919) 863-2402 (office) (503) 551.3615 (mobile).