Earned Income Tax Credit – Michigan

Earned-income credit boosts Michigan’s low-income workers, By Brian J. O’Connor, February 16, 2010, Detroit News: “Michiganians struggling to just get by in this dismal economy are getting a helping hand from an unlikely source: the tax man. Federal and state tax agencies have anywhere from a few hundred to several thousand dollars to give low-income workers and their families through the Earned Income Tax Credit. Last year, more than 720,000 Michigan residents collected $1.5 billion from the federal credit, at an average of $2,047 apiece. More than 40 percent of those getting the credit lived in Wayne, Oakland or Macomb counties. Michigan gave out $145 million under the first year of its own state credit, which matched 10 percent of the federal cash, and this year the state is set to match 20 percent of the federal amount…”