In recent months, President Trump has vowed to help more working families afford child care by bolstering the Earned Income Tax Credit (EITC). Now, he’s proposing to cut spending for the EITC and Child Tax Credit (CTC) by $40 billion, effectively raising taxes on the low-wage working families who may no longer be eligible for these credits.Read More
Use our interactive map to view information and resources about state-level credits.
- RT @dashching : Budget keeps IRS starved for resources to enforce tax laws and stop tax cheats. https://t.co/eTQNEB9rla https://t.co/lYCEVV… 5 days ago
- RT @NFUDC : #TrumpBudget is an assault on the farm safety net and rural communities. https://t.co/KdItyE3VcL https://t.co/CkFbfpP7QL 5 days ago
- Trump reverses course on #EITC in proposed budget https://t.co/yvGb3ijegf #TrumpBudget 5 days ago
- RT @MarkWarner : The #TrumpBudget would dramatically cut the safety net for working people, even as many families continue to struggle. 5 days ago
- #TrumpBudget could raise taxes on millions of Latino families, exacerbate racial wealth divide https://t.co/yvGb3ijegf #EITC #CTC 5 days ago
President Trump's budget proposal, which is set to be announced Tuesday, would reportedly cut spending on the Earned Income Tax Credit (EITC) and Child Tax Credit by $40 million. These tax credits, which have broad bipartisan support, help millions of families climb out of poverty each year.Read More