Crazy In NC: Taxing Poor Edition

North Carolina Just Gave Millionaires A Tax Cut, Raised Taxes On The Poorest 900,000 Working Families:

The 900,000 poorest working families in North Carolina just got another tax hike from the conservatives who swept state legislature elections in 2010.

The change took effect at the beginning of 2014, meaning that the taxes those families file this spring will be the last to feature the state’s tax break for the working poor. The provision, known as the Earned Income Tax Credit or EITC, will also be 10 percent less generous in its final year...