News Round-Up: April 15, 2019
Here are some highlights from the past week’s news and upcoming events on family tax credit issues:
Top Story: On Wednesday, Senators Sherrod Brown (D-OH), Michael Bennet (D-CO), Dick Durbin (D-IL) and Ron Wyden (D-OR) led 44 Senators in introducing the Working Families Tax Relief Act, which would significantly improve the federal Earned Income Tax Credit (EITC) and Child Tax Credit. (TCWF)
- The Iowa State House Ways and Means Committee unanimously passed legislation to double the income limitation for the state’s Child and Dependent Care Credit. The legislation now heads to the House floor for consideration. (The Spencer Daily Reporter)
- The Annie E. Casey Foundation (AECF) awarded $260,000 to six organizations to support their efforts to create and expand state-level EITC programs for young workers without dependent children. (AECF)
- The Center on Budget and Policy Priorities’ Get It Back Campaign and the CASH Campaign of Maryland’s Roadmap to Rideshare Taxes project recently released an Estimated Payments Calculator to help self-employed workers easily estimate their yearly tax payments. (Roadmap to Rideshare Taxes)
- In honor of Tax Day 2019, Lauren Pescatore, Director of TCWF, and Caitlin Arenas Martinez, Director of Public Policy and Advocacy at United Way Worldwide, highlighted the effectiveness of the EITC and ways in which the federal credit can be improved to benefit more working Americans. (TCWF)
- We blogged about Ohio’s new legislation to expand the state’s EITC from 10 to 30 percent of the federal credit and remove the cap for taxpayers with incomes above $20,000. (TCWF)