Saturday, August 13, 2022

Play

Voting-rights groups sue AZ to block 'Election Security' Bills; U.S House vote expected today on the new Inflation Reduction Act; the Attorney General moves to release details on search of Trump s home.

Play

Local election officials detail how election misinformation is fueling threats; Media outlets ask a court to unseal the search warrant of Donald Trump's home; and the CDC changes its approach to COVID-19.

Play

Infrastructure funding is on its way, ranchers anticipate money from the Inflation Reduction Act, and rural America is becoming more diverse, but you wouldn't know it by looking at the leadership.

Moms or Millionaires? Report Says Congress Has to Make a Choice

Play

Thursday, October 18, 2012   

RALEIGH, N.C. - Coming on the heels of Tuesday night's Presidential debate, a report released in North Carolina says Congress has to make a choice between moms or millionaires when it comes to tax credits. Currently, Republican leaders in the U.S. House and Senate have called for extending parts of the estate tax that benefit the wealthiest, while ending some tax credits for thousands of families.

Beth Messersmith, spokesperson for the grassroots group, MomsRising, says the choice is clear.

"To me it's heartless. It's an easy decision. We have to invest in our kids. Especially at a time when we're seeing so many of the services families really depend on, all sorts of other supports, being cut."

The report, released by the NC Budget and Tax Center, shows that more than 500,000 North Carolina families benefit from the Earned Income Tax Credit and Child Tax Credit. Conversely, only 140 households benefit from the estate tax extension.

Messersmith would like lawmakers to choose tax policies that benefit the greatest number of people, versus breaks for the estates of the wealthiest .3 percent who die each year, which equals about 7,000 people, she says.

"At the heart of this election is looking at how we best provide for all of America's families, all of America's children."

The Earned Income Tax Credit and Child Tax Credit benefit an estimated 13 million moderate-income working families nationwide, according to the Center on Budget and Policy Priorities. North Carolina families have also been affected by state budget cuts to Smart Start and Pre-K programs.

The report is available at www.cbpp.org.

Reporting for this story by North Carolina News Connection in association with Media in the Public Interest. Media in the Public Interest is funded in part by Z. Smith Reynolds Foundation.


get more stories like this via email

Since the 2020 election, at least 19 states have passed 34 laws restrict­ing access to voting, according to the Brennan Center For Justice. (Orlowiski Designs/Adobe Stock)

Social Issues

Voting-rights advocates are suing the state of Arizona over new regulations they say make it harder for some people to register and would block thousa…


Social Issues

New Hampshire ranks second in the country on measures of child well-being, according to the new 2022 Kids Count Data Book from the Annie E. Casey …

Social Issues

Massachusetts ranks first in the nation for children's well-being, according to the 2022 Kids Count Data Book from the Annie E. Casey Foundation…


While there are continued disparities, an annual report says Minnesota has seen progress in elevating kids out of poverty, with 12% of children falling into that category. (Adobe Stock)

Social Issues

Minnesota once again gets a high ranking among states for child well-being, but an annual report says the state's disparities remain a challenge…

Social Issues

Some measurements of children's well-being show warning signs in Iowa in the area of education. The numbers contrast with Iowa's overall ranking in a …

Pictured in the center is Francine "Fran" Pace, one of 11 graduates of this summer's Youth Leadership Academy for Iowans with disabilities. (Photo courtesy of DD Council).

Health and Wellness

Nearly a dozen Iowa youths with disabilities are taking newly developed leadership skills out into the world. A summer academy wrapped up this month…

Environment

A coalition of community organizations teamed up in Oregon to force a chronic polluter out of business, and bring environmental justice to a nearby …

Health and Wellness

During National Health Center Week, health-care advocates are highlighting the work Community Health Centers are doing to improve access to care …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021