13

Dec 17

New TCWF Case Studies Offer Tips for Planning Successful Tax Credit Campaigns

What are some of the most effective tactics for advancing tax credit legislation? Each year, Tax Credits for Workers and Their Families (TCWF) releases a set of case studies on the strategies and messages advocates used in recent campaigns to create, expand or protect state-level Earned Income Tax Credits (EITC).
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8

Dec 17

GOP Tax Plan Penalizes Taxpaying Immigrants

Following the passage of the House and Senate GOP tax reform bills, economic experts and advocacy groups have argued that both versions benefit corporations and wealthy Americans at the expense of low-wage working families. Now, a recent report from UnidosUS shows that among those who stand to lose from tax reform, immigrant households may be hardest hit.
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30

Oct 17

News Round-Up: October 30, 2017

U.S. Senators Michael Bennet (D-CO) and Sherrod Brown (D-OH) have proposed new legislation – the American Family Act of 2017 – that would dramatically expand the Child Tax Credit and introduce a new credit, the Young Child Tax Credit. Researchers believe the proposal would cut the child poverty rate by an estimated 45 percent — lifting more than 7 million children out of poverty.
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27

Oct 17

Refundable Tax Credits Helped Push Child Poverty Rates to Record Low

Federal safety net programs, including refundable tax credits, have driven a steep decline in child poverty over the last several decades, according to a new report from the Center on Budget and Policy Priorities.
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26

Oct 17

Former White House National Economic Advisor Proposes an “EITC for All”

Gene Sperling, the former national economic advisor to Presidents Clinton and Obama, believes true tax relief for American workers should include an expansion of the EITC for workers without dependent children, a group that has been overlooked in past EITC expansions.
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23

Oct 17

News Round-Up: October 23, 2017

An in-depth look by PolitiFact at the White House tax reform framework, found that while the plan has few specifics about Child Tax Credit (CTC) reform, it is one of the few aspects of the proposal that will benefit low-income working families.
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13

Oct 17

Senate Democrats Introduce Tax Plan that Includes Expansion of EITC and CTC

Two Senate Democrats have committed to expanding the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) as part of “tax reform that rewards work.”
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10

Oct 17

News Round-Up: October 10, 2017

U.S. Senators Tammy Baldwin (D-WI) and Cory Booker (D-NJ) released a new tax plan, the Stronger Way Act, which includes an expansion of the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) to benefit low-income Americans. Specifically, the plan would grow the size of the existing EITC, expand the credit for workers without dependent children, make the CTC refundable and grow the size of the credit.
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2

Oct 17

News Round-Up: October 2, 2017

On CBS’s “Face the Nation” Sunday, House Speaker Paul Ryan defended the GOP tax reform framework released last week, crediting the proposed Child Tax Credit (CTC) expansion with helping to provide tax relief for middle-income families. Speaker Ryan also suggested that Congress was “still looking at” expanding the Earned Income Tax Credit (EITC) for childless workers as part of tax reform
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25

Sep 17

News Round-Up: September 25, 2017

A new report from the Institute on Taxation and Economic Policy (ITEP) urges states to use their tax codes to fight poverty by enacting and expanding state-level tax credits
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18

Sep 17

News Round-Up: September 18, 2017

U.S. Senator Sherrod Brown (D-OH) and Representative Ro Khanna (D-CA) introduced the Grow American Incomes Now (GAIN) Act in the House and Senate, which would double the Earned Income Tax Credit (EITC) for eligible workers, increase the credit for workers without dependent children and lower the qualifying age.
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14

Sep 17

New Research Bolsters Growing Momentum to Expand EITC for “Childless Workers”

Promising new findings from an Earned Income Tax Credit (EITC) pilot program and a Tax Credits for Working Families (TCWF) focus group reinforce growing bipartisan support for expanding the EITC for “childless workers,” meaning those without dependent children.
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14

Sep 17

New Report Recommends Expanding the EITC to Address the Racial Wealth Divide

Expanding the Earned Income Tax Credit (EITC) is a key part of a broader policy agenda to address the racial wealth divide, according to a new report from Prosperity Now (formally CFED) and the Institute for Policy Studies.
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13

Sep 17

Senator Sherrod Brown, Rep. Ro Khanna Propose Major EITC Expansion

Two members of Congress are teaming up to bring much-needed relief to low-wage workers and their families through an expanded Earned Income Tax Credit (EITC).
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11

Sep 17

News Round-Up: September 11, 2017

A House Budget Committee proposal to require the IRS to verify incomes for all taxpayers filing for the Earned Income Tax Credit (EITC) could harm millions of low-wage workers and cause serious problems for the agency's processing of tax returns, according to the Center on Budget and Policy Priorities (CBPP). Currently, the IRS only verifies income for filers selected for audit.
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