News Round Up: December 18, 2023
Top Story: West Virginia Senate Minority Leader Mike Woelfel (D) recently proposed a state Child Tax Credit (CTC) and will introduce it as a bill during the 2024 legislative session. (lootpress)
- The Food Research & Action Center (FRAC) underscored the positive impacts of the 2021 expanded federal CTC and called on Congress to reimplement the essential expansion as part of the year-end tax package. (Food Research & Action Center)
- The Public Policy Institute of California (PPIC) highlighted recent survey results that detail how Californians who believe racial bias is a factor in economic inequity are more likely to support policies aimed at lower-income households, such as the state Earned Income Tax Credit (EITC) and Young Child Tax Credit (YCTC). (Public Policy Institute of California)
- The Center on Budget and Policy Priorities (CBPP) urged policymakers to see through the “timing gimmicks” associated with proposed corporate tax breaks and prioritize expanding the federal CTC to reduce child poverty in the immediate future. (Center on Budget and Policy Priorities)
- Tax Credits for Workers and Their Families (TCWF) released a year-end video and blog that highlights state tax credit successes in 2023 and legislative hopes for the coming year. (Tax Credits for Workers and Families)