Low- and middle-income families with children would receive their largest state income tax break in nearly a decade under a new proposal to be unveiled Tuesday by the new co-chairman of the legislature’s tax-writing panel.
The new child tax credit proposed by Rep. Sean Scanlon, D-Guilford, would pump between $150 and $450 into households earning about $203,000 or less during its first year, depending on the number of children each family has…. [Read the entire article by clicking the link.]