Tax Credits for Working Families

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News Round-up: July 27, 2015

July 27th, 2015

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.

  • The Michigan legislature adjourned for a three-week recess before deciding whether or not to eliminate the state’s Earned Income Tax Credit (EITC) as part of a road funding package (Detroit Free Press, Mlive).
  • California created a state EITC this spring, and advocates have already introduced plans to expand the credit (Sacramento Bee).

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News Round-up: July 20, 2015

July 20th, 2015

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.

  • House Democrats in Michigan unveiled their road funding proposal, which preserves the state’s EITC and raises the corporate income tax to pay for transportation projects. The GOP-led legislature is unlikely to accept the plan as it considers a funding bill passed by the Senate (MLive, Detroit Free Press).

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News Round-up: July 13, 2015

July 13th, 2015

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.

  • Maine adopted legislation to make its EITC refundable (TCWF, MECEP).

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News Round-up: July 7, 2015

July 7th, 2015

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.

  • Lawmakers in Oregon passed tax credit legislation that merged their Child Care Credit and Dependent Care Credit into the Working Family Child and Dependent Care Tax Credit. Democrats had hoped to expand the state’s EITC, but that measure was not included in the final legislation (Associated Press, Washington Times).

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News Round-up: June 29, 2015

June 29th, 2015

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.

  • New Jersey Gov. Chris Christie (R), who will announce he is running for president this week, praised the legislature’s effort to raise the EITC to 25 percent of the federal credit and even suggested a 30 percent EITC in a conditional veto of an increased tax on corporations and the wealthy. This is a policy shift for Christie, who signed a bill to reduce the state’s EITC from 25 to 20 percent in 2010 and vetoed the restoration of the credit just last year (NJ.com, NJ Spotlight). New Jersey Policy Perspective (NJPP) released a report on how an EITC at 30 percent of the federal credit could help the state’s working families (NJPP).

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News Round-up: June 22, 2015

June 22nd, 2015

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.

  • The California legislature passed a state budget that includes the creation of an Earned Income Tax Credit (EITC). The bill is awaiting Gov. Jerry Brown’s (D) signature (NBC News, SF Gate, Huffington Post).

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News Round-up: June 15, 2015

June 15th, 2015

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.

  • After passing a budget bill to increase the state’s Earned Income Tax Credit (EITC), Massachusetts senators defended their legislation before the state Supreme Judicial Court. Lawmakers argue that since all Massachusetts bills that impose taxes must originate in the House, the Senate-approved budget is unconstitutional (MassLive, Boston Herald).

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News Round-up: June 8, 2015

June 8th, 2015

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.

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News Round-up: June 1, 2015

June 1st, 2015

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.

  • In Montgomery County, Maryland, the County Council included funding in their FY 2016 budget to expand the local Earned Income Tax Credit (EITC), known as the Working Families Income Supplement, to match 100% of the state’s EITC. Montgomery County is one of only three districts in the nation to offer its own version of a state EITC (Montgomery County Council).
  • We responded to Warren Buffett’s call for an expanded EITC as a replacement for an increased minimum wage, noting how the EITC and minimum wage work best when increased together (Tax Credits for Working Families).

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News Round-up: May 26, 2015

May 26th, 2015

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.

  • The Massachusetts State Senate passed a budget bill that included an expansion of the state’s Earned Income Tax Credit (EITC). The bill now goes to a conference committee and if the expansion survives that process, the legislation will go to Gov. Charlie Baker’s (R) desk for his signature (Boston Globe, Lowell Sun, Boston Herald).
  • To mark Memorial Day, Tax Credits for Working Families released an infographic that illustrates just how many military families benefit from the EITC and Child Tax Credit (CTC), warning of the tax increase many of these families could face if Congress fails to extend key improvements to both credits (Tax Credits for Working Families).

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