News Round-up: March 6, 2017
Here are some highlights from the past week’s news and upcoming events on family tax credit issues.
- 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 (Salt Lake Tribune, Deseret News, Deseret News).
- Lawmakers in Georgia continued to debate HB 329, a tax reform bill that would create a state EITC. However, the legislation also includes a provision creating a flat income tax, which would disproportionately affect lower-income families and workers (Georgia Budget and Policy Institute).
- North Carolina House Democrats introduced a bill that would reinstate the state’s EITC. The credit was eliminated by the legislature in 2014 (Greensboro News and Record).
- Advocates in Montana encouraged lawmakers to support bills that would create a state EITC. During the state’s last legislative session in 2015, lawmakers came close to passing a similar legislation, but ultimately failed to get it past the finish line (Daily Inter Lake, Billings Gazette).
- Critics of President Trump’s child care proposals argued that his plan to allow families to deduct the cost of child care from their taxes would only help the wealthy (Bloomberg, Chicago Tribune).