News Round Up: October 29, 2019

Here are some highlights from the past week’s news and upcoming events on family tax credit issues:

Top story: A report from the Massachusetts Budget and Policy Center recommended expanding the state’s Earned Income Tax Credit (EITC) to help offset a proposed gas tax increase’s burden on low-income workers. (MassBudget)

  • A new analysis from the Institute on Taxation and Economic Policy found that New Mexico’s recent expansion of its Working Families Tax Credit and new tax deductions for dependents has made the state’s tax system more equitable and will cut taxes for 70 percent of New Mexico families. (Las Cruces Sun News)
  • The Utah Legislature’s Tax Restructuring and Equalization Task Force crafted a plan to reform the state’s tax code, which includes the enactment of a state-level EITC to address intergenerational poverty. (The Salt Lake Tribune)