Entries related to "EITC"Economic Opportunity: Improving the EITC and CTCA new research paper from the Tax Policy Center advocates for the simplification and updating of current tax credits that benefit low-income workers and families. The paper, “Considerations in Efforts to Restructure Refundable Work-Based Credits,” by Steve Holt and Elaine Maag, argues that the Earned Income Tax Credit (EITC), the Child Tax Credit (CTC), and the new Make Work Pay Credit (MWP) have done a great deal to help low-income individuals and families supplement their income. Despite this success, there is still room for improvement. Making the Case: Low-Income Tax Credits (and Health Reform) are Key to Economic RecoveryThe Washington switch to the topic of jobs presents us with a great opportunity. RESULTS supports efforts at creating jobs, especially for low-income people in the U.S., and one effective way to create jobs is by investing in anti-poverty programs. Investing in programs that help people meet basic needs, including food, shelter and health care, causes positive changes in the local and national economy. Beginning this month, RESULTS U.S. poverty groups are pushing for expansion of the Earned Income Tax Credit (EITC), which incentivizes work by providing substantial tax refunds for workers in low-income jobs, while continuing to push for meaningful health reform. Join us and take action today! February 2010 Conference Call: Health Reform and Low-Income Tax Credits are Key to Economic RecoveryEvery second Saturday of the month, RESULTS groups across the country gather for a national conference call (a U.S. poverty call at 12:30 pm ET and a global poverty call at 2 pm ET). On our February U.S. poverty conference call, Monica Mills of Bread for the World clearly and effectively laid out the case for protecting and strengthening tax credits for the poor in 2010. You can listen to the February 2010 Domestic Conference Call: Health Reform and Low-Income Tax Credits are Key to Economic Recovery on our website using this link. |