24

Apr 17

News Round-up: April 24, 2017

David Harris, president of the Children’s Research and Education Institute, and H. Luke Shaefer, director of Poverty Solutions at the University of Michigan, urged lawmakers and advocates to support changing the Child Tax Credit (CTC) to a universal credit, which would give $1,000 per child to every American family, regardless of their income.
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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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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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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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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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6

Feb 17

News Round-up: February 6, 2017

Wisconsin Gov. Scott Walker (R) announced a plan that would expand the state’s Earned Income Tax Credit (EITC) for families raising just one child from 4 percent to 11 percent of the federal credit. Democrats are advocating for the state legislature to expand the credit for all families, no matter how many children they have.
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30

Jan 17

News Round-up: January 30, 2017

Advocates, policymakers, taxpayers and others took part in Earned Income Tax Credit (EITC) Awareness Day on Friday, January 27, celebrating the EITC’s vital role in helping lower-income families make ends meet. This Thursday, February 2, TCWF and the Corporation for Enterprise Development (CFED) will host a Capitol Hill policy briefing on reducing wealth inequality and protecting consumers at tax time and beyond through tax credits like the EITC. Sen. Sherrod Brown (D-Ohio) and Rep. Gwen Moore (D-Wisc.) will give keynote remarks, followed by two panel discussions among experts in the field. RSVP for the briefing here
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17

Jan 17

News Round-up: January 17, 2017

New research from the Institute for Research on Labor and Employment at the University of California at Berkeley has determined the Earned Income Tax Credit (EITC) is even more effective at reducing poverty than previously thought. Berkeley Professor and report author Hillary Hoynes wrote that "the true anti-poverty effects of the EITC have been underestimated by up to 50 percent."
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9

Jan 17

News Round-up: January 9, 2017

New York Gov. Andrew Cuomo (D) announced his plan to create an Enhanced Middle Class Child Care Tax Credit. The credit, which would supplement the state’s current Child and Dependent Care Tax Credit (CDCTC), would double benefits for the 200,000 families earning $60,000 to $150,000 per year.
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8

Dec 16

Ready, Set, Tax Time: Three Tips for Planning Stellar EITC Campaigns

With the 2017 tax season only a month away, advocates across the country are planning campaigns to protect, advance and raise awareness about tax credits like the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC). To help prepare for the tax time rush, TCWF has compiled tips and newly released materials to guide organizations towards successful campaigns.
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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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1

Dec 16

How Can Advocates Prepare Taxpayers for Refund Delays?

In December 2015, Congress passed legislation to make permanent expiring provisions of the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC). But to the chagrin of many antipoverty advocates, the bill included an anti-fraud measure that forces the IRS to delay refunds for taxpayers who collect these credits until February 15 at the earliest.
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24

Oct 16

News Round-up: October 24, 2016

On Election Day, Washington State residents will vote on a referendum to fund the state’s Earned Income Tax Credit (EITC) by enacting a carbon tax. Washington enacted a state-level EITC in 2008 called the Working Families’ Tax Rebate (WFTR), but has yet to secure a funding mechanism for the credit. The referendum calls for a flat carbon tax that would be levied on businesses and individuals in the form of a gas tax and a tax on utilities.
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17

Oct 16

News Round-up: October 17, 2016

New Jersey Gov. Chris Christie (R) signed a transportation funding bill that expands the state’s Earned Income Tax Credit (EITC) from 30 to 35 percent of the federal credit to help mitigate the impact of an increased gas tax on low-wage workers in the state. Christie’s decision to sign the legislation followed months of negotiations with the Democratic-controlled state legislature.
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17

Oct 16

Hillary Clinton’s Child Tax Credit Proposal Would Offer a Lifeline to America’s Poorest Families

Until last week, the 2016 presidential election was devoid of any serious debate about tax credit policies for workers and their families. But that changed when Democratic presidential nominee Hillary Clinton issued a major proposal less than a month before Election Day to reshape the Child Tax Credit (CTC).
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