Thursday, June 20, 2013

Crazy In NC:Taxing SS Edition

RALEIGH: Social Security tax bill could be political minefield for NC Republicans | State Politics | NewsObserver.com:
...As Republicans continue to work behind the scenes to strike a tax deal, Social Security is one major sticking points between the House and Senate bills – and a thorny political problem.

Senate leaders, in an unusual step, sent the tax legislation tentatively approved last week back to a committee Wednesday while they negotiate with House lawmakers and Gov. Pat McCrory to find a compromise measure before the end of session.

The Senate bill puts a state tax on Social Security income for some seniors with other sources of income. The House plan doesn’t touch it. And the governor has expressed concerns about the Senate approach...

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