6

Dec 16

News Roundup: December 6, 2016

Missouri Rep. Mike Kelley (R) pre-filed a bill to create a state Earned Income Tax Credit (EITC). The state’s legislative session officially begins January 4.
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31

Oct 16

News Round-up: October 31, 2016

With just over a week until Election Day, experts are examining what tax code reforms proposed by Donald Trump and Hillary Clinton would mean for working families.
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3

Oct 16

News Round-up: October 3, 2016

Time is running out to cast your vote to include a question about tax credits for workers and their families in the upcoming presidential debate. Learn more here.
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23

Sep 16

Nation’s Foremost Policy Experts to Discuss Equitable Tax Policy at Assets Learning Conference

Next week in Washington D.C., advocates, policymakers and academics from across the country will convene for the biennial Assets Learning Conference, sponsored by the Corporation for Enterprise Development (CFED). The conference will explore nationwide efforts to address wealth inequality and will include a strong focus on using the tax code to help working families.
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7

Sep 16

Introducing the New and Improved TCWF!

We are pleased to announce both our newly redesigned website and a slight change in our branding to better reflect our mission.
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29

Aug 16

Weekly News Round-Up: August 29, 2016

Continuing protests over police violence against African Americans has heightened the focus on improving economic outcomes in communities of color. The Movement for Black Lives released an economic policy paper detailing proposals that could make a difference in these communities, including recommendations for creating a fairer tax code. The authors urge policymakers to expand both the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) to help low-income families find financial stability.
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4

Aug 16

Sen. King: Make Childcare More Affordable by Increasing the CDCTC’s Reach

For families struggling to make ends meet, the rising costs of childcare can be crippling. That’s why Sen. Angus King (I-Maine) says he partnered with Sen. Richard Burr (R-N.C.) to introduce the Promoting Affordable Childcare for Everyone (PACE) Act. The bill, which was announced in July, would alter two major existing tax benefits—the Child and Dependent Care Tax Credit (CDCTC) and Dependent Care Flexible Spending Accounts (FSAs)—in an effort to make them more valuable for working families.
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30

Jun 16

Poll: Most Voters Want the Next President and Congress to Do More to Reduce Child Poverty

A poll released yesterday by the Children’s Leadership Council finds Americans are more likely to vote for a presidential candidate who will make reducing child poverty a priority.
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16

Jun 16

Tax Credits Notably Absent from Presidential Campaign Policy Plans

The Earned Income Tax Credit (EITC) is one of the most discussed and widely supported policies in Congress. So why do the two presumptive presidential nominees have little or nothing to say about the EITC or similar tax credits?
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11

Feb 16

Obama Budget Expands EITC for Workers Without Custodial Children

This week, President Obama stayed true to his word to partner with House Speaker Paul Ryan to provide tax cuts for struggling workers. The president’s final budget proposal includes a plan to increase the Earned Income Tax Credit (EITC) for low-wage individuals without children – the lone demographic that is actually pushed further into poverty by the federal tax code.
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15

Sep 15

A Proposed New Tax Credit Would Help More Families Pay for Child Care

A new report from the Center for American Progress (CAP) makes it clear that we need to do more to help families pay for child care. And it suggests that a new tax credit might be the answer.
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18

Jun 15

Hillary Has Some Good Ideas for Boosting Youth Employment. Here’s What Else She Can Do.

Democratic presidential hopeful Hillary Clinton unveiled a plan Wednesday to provide tax credits for businesses as an incentive for training and hiring new workers. While Clinton made clear that the credits are meant to encourage businesses to hire workers of all ages, the former senator and Secretary of State emphasized that these credits would boost youth employment rates in particular.
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20

Jan 15

Tax Credits for Working Families are a Pillar of the President’s Latest Tax Plan

This weekend, President Obama unveiled a series of tax reforms that seek to reduce the burden our current tax code places on middle-class workers and their families. The plan would eliminate certain tax loopholes that are available only to wealthy individuals and large corporations while expanding and improving benefits for lower- to middle-income workers.
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11

Mar 14

Obama Budget Would Expand More Than Just the EITC for Childless Workers

We’ve recently centered most of our coverage of the President’s budget for fiscal year 2015 on his major proposal to expand the federal Earned Income Tax Credit (EITC) for childless workers. But a number of other proposals in the President’s budget would also benefit working family tax credits and the millions of families and individuals who depend on them.
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18

Feb 14

How Many Children In Your State Receive the EITC?

Through the Brookings Institution’s EITC interactive website, you can download the latest tax-return data on the number of tax filers that claim the federal EITC, Child Tax Credit, and Child and Dependent Care Tax Credit.
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