News Round Up: December 10, 2018
Here are some highlights from the past week’s news and upcoming events on family tax credit issues:
Top Story: Chuck Marr, director of federal tax policy at the Center on Budget and Policy Priorities (CBPP), argued that House Republicans’ year-end tax package repeats a fundamental flaw from 2017 tax reform by giving tax cuts to business owners while failing to boost income for their low-wage employees by not making the Child Tax Credit (CTC) fully refundable or strengthening the Earned Income Tax Credit (EITC) for workers without dependent children. (CBPP)
- Tamarine Cornelius, an analyst at the Wisconsin Budget Project, highlighted how Wisconsin lawmakers plan to use new internet sales tax revenue to give tax cuts to the wealthy, noting that expanding the state’s EITC for lower-income workers would be a much more equitable policy measure. (Milwaukee Independent)
- A coalition of California lawmakers, advocacy groups and businesses pledged to support and implement policy recommendations from the final report released by the state’s Lifting Children and Families Out of Poverty Task Force, which include expanding the state’s EITC and establishing a targeted CTC for families in deep poverty. (California Forward)
- To address the city’s population loss and disinvestment, the Chicago Metropolitan Planning Council encouraged city leadership to consider several policy solutions to revitalize the economy and embrace immigration, including adopting a local EITC. (Chicago Business)