News Round Up: October 15, 2018
Here are some highlights from the past week’s news and upcoming events on family tax credit issues.
Top Story: The American Enterprise Institute (AEI), the Brookings Institution and Opportunity America released a new report, Work, Skills, Community: Restoring Opportunity for the Working Class, which examines the challenges America’s working families face and recommends bipartisan policy solutions to strengthen working-class communities. The report’s policy recommendations include expanding the Earned Income Tax Credit (EITC) for workers without dependent children and increasing access to the Child and Dependent Care Credit.
- A new report from the Institute on Taxation and Economic Policy (ITEP) and Prosperity Now finds that the Tax Cuts and Jobs Act widens the racial wealth divide by “rewarding existing white wealth at the expense of the economic security of households of color.” (The New York Times)
- Georgia gubernatorial candidate Stacey Abrams (D) is campaigning on enacting a state-level EITC to help Georgia’s low-income workers keep more of what they earn. (Gainesville Times)
- Sean O’Leary, senior policy analyst at the West Virginia Center on Budget and Policy, urged the West Virginia legislature to enact a refundable state-level EITC, which would benefit an estimated 141,000 working households. (The Register-Herald)
- The Commonwealth Institute highlighted how making Virginia’s EITC refundable would help working women across the state. (The Half Sheet)