News Round-up: March 27, 2017
March 27, 2017Print
Here are some highlights from the past week’s news and upcoming events on family tax credit issues.
- 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 (Charleston Gazette-Mail, Tax Foundation).
- In Iowa, businesses and workers pushed back against a Republican plan that would reduce many of the state’s tax credits, including the EITC (Globe Gazette, Quad-City Times, Radio Iowa, WNAX).
- Wisconsin Scott Walker (R) unveiled the “Wisconsin Works for Everyone” plan, a package of welfare reforms to encourage and reward work. It includes a proposal to expand the state EITC to noncustodial parents and those raising only one child (MacIver Institute, MacIver Institute).
- Minnesota House Republicans introduced several tax relief bills, including one that would expand the state’s Child and Dependent Care Tax Credit (CDCTC) (Fergus Falls Journal).