Tipoffs for Winston-Salem, North Carolina (City) Newsletter for Saturday August 03, 2024 ( 1 items ) |
How the Tax Cuts and Jobs Act is Helping North Carolina
WASHINGTON, Aug. 2 [Category: Political] -- Americans for Tax Reform issued the following news:
Below is a continuously updated compilation of good news arising from the Tax Cuts and Jobs Act enacted by President Trump and House and Senate Republicans in 2017.
PER IRS DATA:
20% tax cut for North Carolina households making between $25k $50k. North Carolina households with adjusted gross income between $25,000 and $50,000 saw their average federal income tax liability drop from $2,164.85 in 201
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