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Hagan: Payroll Tax Cut to Save North Carolina Families $900 this Year

Statement

By:
Date:
Location: Washington, DC

U.S. Senator Kay R. Hagan (NC) today commented on the effect the payroll tax cut - which Congress passed in February - will have on North Carolina families this tax day. Hagan voted to extend the payroll tax cut through the end of 2012 for 4.7 million North Carolinians. The tax cut means North Carolina families earning a median salary will save $900 in 2012.

"During these tough economic times, every penny counts for North Carolina families struggling to make ends meet," Hagan said. "I was proud to vote to extend the payroll tax cut, which ensures that this tax day, extra money will stay in the pockets of hardworking, middle class Americans. As our economy continues to recover, I will continue to support commonsense initiatives that keep money in the hands of North Carolina families."


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