Tagged: Kay Hagan

North Carolina's U.S. Senators are as divided as House Republicans and the President over a deal to avoid the fiscal cliff. Democratic Senator Kay Hagan today echoed sentiments from the president and fellow Democrats calling for revenue from higher taxes for the wealthiest Americans.

Kay Hagan: "At the top end of the income, especially those people making $1 million and more in income every year should definitely have a higher rate. The main aspect is we've got to avert any tax hikes on the middle class families."

North Carolina’s two US Senators agree eliminating tax loopholes should be part of the equation as congress works to avoid the so-called fiscal cliff. Congress has to decide whether tax cuts should be extended for any Americans and if automatic cuts to federal government should be partially or completely stopped. Democratic U.S. Senator Kay Hagan supports reduced spending and changes to the tax code.

Tens of thousands of furniture retailers, buyers and journalists from more than 100 countries are in High Point this week for the bi-annual High Point Market.  Those in the furniture industry say business is up this year across the country.   That is good news for a state like North Carolina that has been tied to the industry for generations.  Changing Economy Reporter Leoneda Inge visited a showroom in High Point that’s getting a lot of attention this year.