News Round Up: December 14, 2020
The COVID-19 pandemic is disproportionately affecting low-income communities and exacerbating economic inequality across the country. Throughout this crisis, TCWF will compile news, legislation, and research on how tax credits and other income-boosting policies can provide much-needed relief for the hardest-hit communities:
Top Story: A new policy report from the Annie E. Casey Foundation (AECF) examined how children across the U.S. are faring during the COVID-19 pandemic and offered policy recommendations to address specific pain points, such as expanding the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC). (AECF)
- A new report from Connecticut Voices for Children offered recommendations for advancing economic justice and equity through the state tax code, such as expanding the state EITC and creating a state CTC. (Connecticut Voices for Children)
- Julia Van Patter, marketing and communications specialist at United Way of North Carolina, outlined why the EITC will be a critical resource for low-income North Carolinians this upcoming tax season and the free resources available to help them file. (Star News Online)