How State EITCs help working families
Posted by on April 28, 2006
[posted from State EITC policy update]
A HAND UP
HOW STATE EARNED INCOME TAX CREDITS HELP WORKING FAMILIES ESCAPE POVERTY IN 2006
By Ami Nagle and Nicholas Johnson
Executive Summary
An Earned Income Tax Credit is a tax reduction and a wage supplement for low- and moderate-income working families. The federal government administers an EITC through the income tax. So do many states. States that enact EITCs can reduce child poverty, increase effective wages, and cut taxes for families struggling to make ends meet.
Published by the Center for Budget and Policy Priorities
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