Seniors Hit Hard by Higher State Taxes After NCGA "Tax Reform"
We've been hearing it a lot and now we have another story of seniors paying a lot more in state taxes thanks for the so called "tax reform" plan passed by the legislature and signed by Governor McCrory in 2013.
We're kicking off our Tax Hike Truth Tour today to amplify stories like these and let folks know what taxpayers are facing. You can see a full list of events on our Facebook page.
"My wife has frontal lobe dementia, and she cannot stand or walk or speak. She needs total care."
Don Ward spends nearly every hour of the day in his Hendersonville home caring for his 82-year-old wife, Cynthia. Two caregivers help him most of the week. Between the caregivers, insurance premiums, medicine, surgeries and other related costs, Ward's medical expenses totaled $40,000 for 2014.
In 2013, when his expenses were about the same, Ward's North Carolina income tax refund was $1,000, which he put in a medical account that took care of expenses such as paying the two caregivers.
For 2014, however, Ward will take a big hit and owe nearly $3,000.