News Round Up: April 9, 2018
Here are some highlights from the past week’s news on family tax credit issues:
Top Story: The Maryland General Assembly passed legislation to lower the age of eligibility for the state’s Earned Income Tax Credit (EITC) from 25 to 21, a move that is expected to benefit more than 40,000 workers in the state. The bill now heads to Governor Larry Hogan (R) for signature. (Maryland General Assembly)
- The Missouri House advanced a tax bill that includes the creation of a nonrefundable state-level EITC worth 20 percent of the federal credit. (Springfield News-Leader)
- A new research paper from the U.S. Partnership on Mobility from Poverty highlights several ways to improve the federal Child Tax Credit for families with very low incomes, including making the credit fully refundable and allowing the credit to phase in beginning with the first dollar earned. (Center on Budget and Policy Priorities)
- We blogged about Facebook co-founder Chris Hughes’ proposal to expand the federal EITC to provide a basic monthly income for working Americans earning less than $50,000. (TCWF)
- Over the next month, join us on Twitter using #EITC4Equity as we explore how the EITC can help advance social justice in the U.S. This week, we’re highlighting ways in which the EITC can improve health outcomes for children in low-income families. (TCWF)