News

Senate Expands “Zero” Tax Bracket By Unanimous Vote

The Senate on Tuesday unanimously approved a bill providing middle-class tax relief by increasing the standard deduction — or 0 percent tax bracket — by $2,000. The sponsor of the measure, Sen. Bob Rucho, R-Mecklenburg, called the measure “a huge cut for the middle class.” If approved, it would increase the standard deduction for married...

Barry Smith

Help Support Non-profit Journalism & Donate Today