13

Apr 17

Government Shutdown Would Delay Tax Refunds for Millions of Families

If Congress and the Trump administration can’t agree on a budget by April 28, the resulting government shutdown would not only furlough thousands of federal workers but also prevent millions of families from receiving tax refunds.
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10

Apr 17

News Round-up: April 10, 2017

The Nebraska Revenue Committee voted to advance a bill that would increase the state's Earned Income Tax Credit (EITC) from 10 to 12 percent of the federal credit. The full House will now consider the legislation.
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3

Apr 17

News Round-up: April 3, 2017

Lawmakers in Georgia failed to pass HB329, a bill that would have instituted a flat income tax and created a state Earned Income Tax Credit (EITC). Advocates were wary of some of the bill's provisions that would have raised taxes on the lowest-income earners while substantially reducing the tax burden for those at the top. The bill could be revived during the 2018 legislative session.
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30

Mar 17

Smart Tax Policy Needed to Address the Racial Wealth Gap

Despite nearly a decade of economic recovery, income inequality has only worsened since The Great Recession, particularly for black and Latino workers. While many safety net programs aim to address the racial wealth gap, our federal tax code continues to exacerbate the problem. More progressive tax policy, including a stronger Earned Income Tax Credit (EITC), can help close the divide.
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27

Mar 17

News Round-up: March 27, 2017

The West Virginia Senate continued to debate a tax reform bill that would institute a 2.5 percent flat income tax, increase the state's sales tax from 6 to 8 percent, and create a state Earned Income Tax Credit (EITC). But the bill's future is unclear since the Senate must pass the legislation before March 29 for it to be considered by the House of Delegates.
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23

Mar 17

How Can We Improve the EITC? New Policy Brief from CFED

With Supreme Court nominations, investigations into Russian election interference and a new healthcare bill, Congress has had little time to focus on changing the tax code. But lawmakers and advocates continue to insist that tax reform is coming soon.
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20

Mar 17

News Round-up: March 20, 2017

Here are some highlights from the past week's news and upcoming events on family tax credit issues. In trying to...
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17

Mar 17

Mid-Session Update: State EITCs Are on the Move

During 2016, states considered more than 170 bills related to the Earned Income Tax Credit (EITC). Now, at the mid-point in most state legislative sessions, it's already clear that the EITC may be even more popular in 2017, with many states considering creating, expanding, or making refundable EITC programs. Here are some of the states where the EITC is on the move.
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13

Mar 17

News Round-up: March 13, 2017

A bill to create a Montana Earned Income Tax Credit (EITC) cleared a major legislative hurdle and was voted out of the House Committee on Taxation. The bill, HB 391, now proceeds to a full House vote. Meanwhile, a companion bill continues to make its way through Senate committees.
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8

Mar 17

New report sheds light on undocumented immigrants’ tax contributions

New findings from the Institute on Taxation and Economic Policy (ITEP) showing that undocumented immigrants make major contributions to state and local tax systems can help to inform policymakers as they consider immigration reform.
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6

Mar 17

News Round-up: March 6, 2017

Utah’s Senate Revenue and Taxation Committee approved a bill that would create a state EITC. The bill, which is designed to help break the state’s cycle of poverty, will now be voted on by the full Senate.
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1

Mar 17

State EITCs Can Help Advance Racial Equity

State-level Earned Income Tax Credits (EITCs) are particularly effective programs for reducing poverty, especially among households of color, new research finds.
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21

Feb 17

News Round-up: February 21, 2017

Last week, Georgia lawmakers introduced two separate bills to create a state-level Earned Income Tax Credit (EITC). The first, SB 172, would create a refundable state EITC worth 10 percent of the federal credit. The second, HB 329, is a tax reform package that includes a 10 percent nonrefundable state EITC.
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15

Feb 17

Video of Feb. 13 Capitol Hill Briefing: “How Will Tax Credits Fare through Tax Reform?”

On Monday, TCWF joined Spotlight on Poverty and Opportunity to host a bipartisan briefing on the future of tax credits for low-wage workers as Congress weighs tax reform.
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14

Feb 17

News Round-up: February 14, 2017

Members of the House Committee on Ways and Means introduced bills to improve tax credits for workers and families. Rep. Richard Neal (D-Mass.) proposed a bill that would lower the Earned Income Tax Credit’s (EITC’s) age requirement from 25 to 21 and expand the EITC for workers not raising children. Rep. Rose DeLauro (D-Conn.) announced her bill to index the Child Tax Credit (CTC) for inflation and expand the credit for parents raising children under the age of six.
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