Weekly News Round-Up: August 29, 2016
August 29, 2016Print
Continuing protests over police violence against African Americans has heightened the focus on improving economic outcomes in communities of color. The Movement for Black Lives released an economic policy paper detailing proposals that could make a difference in these communities, including recommendations for creating a fairer tax code. The authors urge policymakers to expand both the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) to help low-income families find financial stability (The Washington Post).
- Tammy Baldwin (D-Wisc.) spoke about how her bill, The Stronger Way Act, would help alleviate rural poverty, by expanding the EITC and CTC (WEAU).
- The Charleston Gazette-Mail editorial board urged West Virginia lawmakers to enact a state-level EITC (Charleston Gazette-Mail).
- Lawmakers in South Carolina announced they will consider tax reform legislation – including potential bills to create a state-level EITC – in the 2017 legislative session (Statehouse Report).
- Kathy McGuiness, a candidate to be Delaware’s Lieutenant Governor, announced she would support making the state’s EITC refundable if elected (Delaware State News).
- National Taxpayer Advocate Nina Olson released a report detailing how the IRS could improve administration of the EITC (Morning Consult).