Senate leaders unveiled their latest version of a massive tax cut for the wealthy Monday, the same day federal emergency unemployment benefits were cut off to 70,000 laid off workers simply because legislative leaders and Governor Pat McCrory stubbornly refused to change the effective date of cuts to state unemployment benefits they approved earlier in the year.
Most of the coverage of the latest Senate tax cut scheme focused on what it would mean for the negotiations with the House over a final tax package and budget deal and the end of the legislative session.
Senate President Pro Tem Phil Berger said the new Senate plan moved closer to the House position on many issues including the mortgage interest deduction, child tax credit, and limited expansion of the sales tax base.
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