New Report: EITC and Working Families
Posted by on September 17, 2004
[posted from EITC Policy Update]
New Report Illustrates How EITC Helps Working Families Escape Poverty
The Center on Budget and Policy Priorities has released a new report entitled, “A Hand Up: How State Earned Income Tax Credits Help Working Families Escape Poverty in 2004.” The report highlights the many benefits of the EITC and praises the program for its success in supporting work and reducing poverty. According the authors, the federal credit lifts more children out of poverty than any other government program. EITC has also been proven effective in encouraging work among welfare recipients, especially amongst single mothers.
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