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University of Wisconsin–Madison
Poverty-related issues in the news, from the Institute for Research on Poverty

Earned Income Tax Credit – Iowa

Senate approves tax break for low-income workers, By Mike Glover (AP), February 14, 2012, Sioux City Journal: “The Iowa Senate has unanimously approved a tax cut for low-income workers Tuesday, with backers calling it a powerful tool against poverty. ‘Iowa’s working families will spend this tax cut in their local communities, buying food, milk, gas, repairing the family car and paying medical bills,’ said Sen. Joe Bolkcom, D-Iowa City, the measure’s main backer. ‘It helps working families. You must have a job to benefit from this tax credit.’ Critics said they would have preferred a broader tax proposal that would not only help the working poor but spark the economy as well. ‘This is just one piece,’ said Sen. Randy Feenstra, R-Hull. ‘I urge the body to put together a full and comprehensive tax plan…'”