News Round Up: August 21, 2023
Top Story: The Office of the Assistant Secretary for Planning and Evaluation has designed a new calculator to help people with low-income anticipate how a change in earnings could impact their net income and their social program benefits. (Office of the Assistant Secretary for Planning and Evaluation)
- #ICYMI: Tax Credits for Works and Families (TCWF) reflected on National Simplicity Day to inform how the federal Earned Income Tax Credit (EITC) and Child Tax Credits (CTC) help individuals and families meet their basic needs and achieve economic security. (Tax Credits for Workers and Families)
- A recent poll shows that over three quarters of Ohio residents supported increasing the state Child and Dependent Care Tax Credit (CDCTC) and federal CTC. (Cleveland.com)
- A recent analysis underscores the federal EITC as a valuable resource to help the 23% of undergraduate students who will experience food insecurity and the 8% of students who will experience homelessness across the United States. (Times Higher Education)
- Every week, TCWF spotlights one of several partner organizations and the remarkable work happening within their respective states. This week we highlight Massachusetts Healthy Families Tax Credit Coalition’s efforts to promote a $600 Child and Family Tax Credit throughout the state as the Massachusetts Legislature negotiates tax proposals across the state House and Senate this month. (Massachusetts Health Families Tax Credit Coalition)