Tax Credits for Working Families

Archive for the ‘Weekly News Round-Up’ Category

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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News Round-Up: July 7, 2014

July 7th, 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: June 27, 2014

June 27th, 2014

Here are some highlights from this 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: June 20, 2014

June 20th, 2014

Here are some highlights from this 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.

  • The Rhode Island General Assembly passed the state budget for 2015, which eliminated the state property tax circuit breaker for anyone who is not elderly or disabled in the coming year, and in the following year will reduce the state’s EITC from 25 to 10 percent of the federal credit but make it fully refundable. (Reuters, Economic Progress Institute 1, 2, 3)

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News Round-Up: June 13, 2014

June 13th, 2014

Here are some highlights from this 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.

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