Tax Credits for Working Families

Archive for the ‘Weekly News Round-Up’ Category

News Round-Up: September 22, 2014

September 22nd, 2014

Here are some highlights from the past week’s news on family tax credit issues. Remember – you also can track news coverage throughout the week by visiting our RSS feed, where you can filter news by a specific credit and/or state.

News Round-Up: September 15, 2014

September 15th, 2014

Here are some highlights from the past week’s news on family tax credit issues. Remember – you can also track news coverage throughout the week by visiting our RSS feed, where you can filter news by a specific credit and/or state.

  • As part of our “Ideas from the Right: Conservative Approaches to Tax Credits for Working Families” series, we sat down with National Review senior editor Ramesh Ponnuru to discuss his recommendation to both lower the top tax rate and increase the federal Child Tax Credit. (Tax Credits for Working Families)

  • A new research paper from the University of Massachusetts, Amherst finds that having children exacerbates income inequality between men and women. The author recommends expanding the Earned Income Tax Credit (EITC) to help lessen the gap in pay. (Business Insider)

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News Round-Up: September 8, 2014

September 8th, 2014

Here are some highlights from the past week’s news on family tax credit issues. Remember – you can also track news coverage throughout the week by visiting our RSS feed, where you can filter news by a specific credit and/or state.

News Round-Up: September 2, 2014

September 2nd, 2014

Here are some highlights from the past two weeks’ news on family tax credit issues. Remember, you can also track news coverage throughout the week by visiting our RSS feed, which lets you filter news by a specific credit and/or state.

  • North Dakota Tax Commissioner Ryan Rauschenberger recently unveiled a property tax relief plan that more than doubles the state’s property tax circuit breaker, called the Homestead Tax Credit, increases the income threshold from $42,000 to $63,000 and excludes Social Security benefits from income calculations. (The Bismarck Tribune)

  • Eliot Cutler, independent candidate for governor of Maine, recently announced that if elected, he would increase the state’s Earned Income Tax Credit (EITC) for workers who earn a high school diploma. (The Bangor Daily News)

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News Round-Up: August 18, 2014

August 18th, 2014

Here are some highlights from last week’s news on family tax credit issues. Remember – you also can track news coverage throughout the week by visiting our RSS feed, where you can filter news by a specific credit and/or state.

  • A new report from the U.S. Conference of Mayors finds that income inequality grew in more than two-thirds of metropolitan areas from 2005 to 2012 and recommends programs like the Earned Income Tax Credit (EITC) to boost earnings and productivity for low-income workers. (The Washington Post, Northeast Public Radio, Indystar.com)

  • NPR reported on the decades-long decline in men’s labor force participation, highlighting an expanded EITC for childless workers as a successful policy tool to encourage more men to join the workforce and continue working. (NPR)

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News Round-Up: August 11, 2014

August 11th, 2014

Here are some highlights from last week’s news on family tax credit issues. Remember – you also can track news coverage throughout the week by visiting our RSS feed, where you can filter news by a specific credit and/or state.

  • The Washington Post‘s E.J. Dionne wrote that support for expanding the Earned Income Tax Credit (EITC) for childless workers and a refundable Child Tax Credit is “plain vanilla bipartisanship.” (The Washington Post)

  • NPR’s Planet Money took a closer look at the overwhelming success of the EITC in helping working families make ends meet, the bipartisan support for the credit and its impact on the families that collect it. (NPR)

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News Round-Up: August 4, 2014

August 4th, 2014

Here are some highlights from last week’s news on family tax credits. Remember – you can also track news coverage throughout the week by visiting our RSS feed, where you can filter news by a specific credit and/or state.

  • The Organisation for Economic Co-operation and Development (OECD) and the International Monetary Fund (IMF), both of which support an expanded Earned Income Tax Credit (EITC) and increased federal minimum wage, issued recent reports showing why the two policies work best as complements rather than competing alternatives. (The Center on Budget and Policy Priorities, OECD, IMF)

  • The National Women’s Law Center issued a statement opposing the recent House-approved Child Tax Credit Improvement Act of 2014. The organization argued that the legislation fails to extend a critical improvement in the Child Tax Credit for low-income families and would deny the credit to millions of children in immigrant families. (The National Women’s Law Center)

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News Round-Up: July 28, 2014

July 28th, 2014

Here are some highlights from last week’s news on family tax credit issues. Remember – you can also track news coverage throughout the week by visiting our RSS feed, where you can filter news by a specific credit and/or state.

News Round-Up: July 21, 2014

July 21st, 2014

Here are some highlights from last week’s news on family tax credit issues. Remember – you can also track news coverage throughout the week by visiting our RSS feed, where you can filter news by a specific credit and/or state.

  • A bill from Rep. Cory Gardner (R-Colo.), H.R. 5070, seeks to eliminate improper Earned Income Tax Credit (EITC) payments by increasing penalties and expanding IRS authority, and use the savings to expand the credit. The bill would authorize a study to improve the efficiency and effectiveness of the EITC while reducing improper payments. (KRAI-FM, Rep. Gardner)

News Round-Up: July 14, 2014

July 14th, 2014

Here are some highlights from last week’s news on family tax credit issues. Remember – you can also track news coverage throughout the week by visiting our RSS feed, where you can filter news by a specific credit and/or state.

  • Senators Kirsten Gillibrand (D-N.Y.), Patty Murray (D-Wash.), Jeanne Shaheen (D-N.H.) and Barbara Boxer (D-Calif.) introduced a bill that would more than double the maximum federal Child and Dependent Care Credit to up to $8,000 for one child and $16,000 for two or more children. The bill would also make the credit refundable, making it far more valuable to people with very low incomes. (The Huffington Post, Office of Rep. Shaheen)

  • Brookings fellow Richard V. Reeves noted that the United Kingdom’s “Universal Credit” has sparked significant interest among lawmakers in the U.S., but argued that such a credit is unnecessary here, thanks to the relative generosity of our existing work supports like the Earned Income Tax Credit (EITC). (The Brookings Institution)

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