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

Tag: Taxes

Earned Income Tax Credit – Massachusetts

Wide support for lifting earned-income credit, By Katie Johnson, March 4, 2015, Boston Globe: “Quanda Burrell, a single mother of two, works full time as a day-care teacher, earns $24,000 a year, and juggles the bills that inevitably pile up in her Boston home. But each year around this time, she says, she is able to ‘clear the slate,’ paying her debts with an income tax refund bolstered by an $800 state credit.  Burrell, 29, is among more than 400,000 low-income workers in Massachusetts who would benefit from a proposed increase in the state’s Earned Income Tax Credit, widely viewed as one of most effective antipoverty programs and supported by lawmakers and policy makers across the political spectrum…”

Earned Income Tax Credit

Childless adults qualify for earned income credit, too, By Susan Tompor, February 4, 2015, Detroit Free Press: “The Earned Income Tax Credit has one of those clunky names that you might ignore, as unfortunately some do. But the complex credit can put real money into the pockets of working people. Each year, the Internal Revenue Service, volunteer tax preparers, and others roll out a National EITC Awareness Day to warn that much-needed money is being left on the table. After years of such publicity and with almost 28 million people receiving $66 billion for the credit last year, it is hard to believe that anyone would not know about a key tool that fights poverty…”