Cooper pushes to remove state taxes from student loan forgiveness
North Carolina Gov. Roy Cooper is calling on state lawmakers to pass legislation that would exempt those who have their student loans forgiven from paying state income tax. Under current North Carolina law, forgiven loans are considered income, thus making anyone whose loans are forgiven responsible for around $500 for every $10,000. Wake Up Charlotte's Richard DeVayne has the details on Cooper's plan and how it could affect those hoping to have their debt erased. State regulators have begun weeks of testimony over how Duke Energy can reduce carbon emissions. But the cost of going green may be passed down to customers through higher utility bills, critics say. Ben Thompson connects the dots on Duke's proposed measures and how state leaders will make a decision on the best way to move forward without hurting consumers. Plus, we have details on the ongoing legal battle between David Tepper's real estate firm and local governments in South Carolina over the Panthers' failed training facility, Larry Sprinkle has your complete forecast and more on #WakeUpCLT To Go! Watch Wake Up Charlotte each weekday morning from 4:30 to 7 a.m. on WCNC Charlotte, and as always, join the conversation on social media using #WakeUpCLT!
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Show Notes
North Carolina Gov. Roy Cooper is calling on state lawmakers to pass legislation that would exempt those who have their student loans forgiven from paying state income tax. Under current North Carolina law, forgiven loans are considered income, thus making anyone whose loans are forgiven responsible for around $500 for every $10,000. Wake Up Charlotte's Richard DeVayne has the details on Cooper's plan and how it could affect those hoping to have their debt erased.
State regulators have begun weeks of testimony over how Duke Energy can reduce carbon emissions. But the cost of going green may be passed down to customers through higher utility bills, critics say. Ben Thompson connects the dots on Duke's proposed measures and how state leaders will make a decision on the best way to move forward without hurting consumers.
Plus, we have details on the ongoing legal battle between David Tepper's real estate firm and local governments in South Carolina over the Panthers' failed training facility, Larry Sprinkle has your complete forecast and more on #WakeUpCLT To Go!
Watch Wake Up Charlotte each weekday morning from 4:30 to 7 a.m. on WCNC Charlotte, and as always, join the conversation on social media using #WakeUpCLT!