For the last eight years, North Carolina families and businesses have kept more of their hard-earned money, allowing them to save and invest in their future. But that could all change at the end of this year, unless Congress acts.
The 2017 Tax Cuts and Jobs Act lowered taxes for all Americans, but many of the law’s provisions are set to expire at the end of this year, barring action from Congress. The results — less money, fewer jobs, and reduced opportunities — would be devastating for all North Carolinians. And as someone who works for a conservative outreach organization to Latinos in the state, I know Latinos would certainly be among those affected.
As the looming fiscal cliff grows ever closer, North Carolinians and all Americans have two options: renew the Tax Cuts and Jobs Act of 2017 or face increased taxes and inflation indefinitely…