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Eitc

A Conservative Vision for Better Economic Opportunity

Douglas Holtz-Eakin | Posted 06.09.2016 | Politics
Douglas Holtz-Eakin

While the recent rise in poverty may be attributed to poor economic growth policies during the Obama Administration, the sustained high rates of poverty over the past 50 years are striking evidence that it is time for new approaches to support economic success.

Oklahoma Undercuts Working Families

Erica Williams | Posted 05.20.2016 | Politics
Erica Williams

Oklahoma lawmakers have voted to cut the state's Earned Income Tax Credit (EITC) by more than 70 percent, hitting 200,000 low-income working household...

Earn It, Keep It, Save It

Fiona Ma | Posted 04.18.2016 | Impact
Fiona Ma

This past weekend, my staff and I went to Bakersfield and spent an afternoon helping folks prepare their income tax forms. I was there with the CalEITC4Me bus tour, which was stopping in Bakersfield before heading on to other Central Valley cities.

4 Of The Most Popular Tax Credits

MoneyTips | Posted 04.08.2016 | Business
MoneyTips

Tax deductions are always useful, but tax credits are even more so. Deductions only reduce your taxable income, while credits are subtracted directly ...

The Earned Income Tax Credit: A Pathway Out of Poverty for Millions of Americans with Disabilities

Michael Morris | Posted 02.19.2016 | Impact
Michael Morris

Besides providing additional income, the EITC provides a financial incentive for workers to stay employed and increase their earnings. According to recent studies, EITC provides significant work, income, educational and health benefits to its recipients and their children.

State EITCs: Helping Working Families and Communities Thrive

Erica Williams | Posted 01.21.2016 | Politics
Erica Williams

As state legislative sessions begin, policymakers can help keep people working, increase incomes, reduce financial hardship, and build an economy that works for everyone by following the 26 states and the District of Columbia that have created state Earned Income Tax Credits.

Obama Wisely Calls for Boosting Tax Credits for Childless Adults

Chuck Marr | Posted 01.13.2016 | Politics
Chuck Marr

The Earned Income Tax Credit has long enjoyed bipartisan support because it encourages and rewards the work of low- and moderate-income people.

Congress Lavishes Corporations With an Early Holiday Gift; Immigrant Taxpayers Get a Lump of Coal

NCLR Action Fund | Posted 12.22.2015 | Politics
NCLR Action Fund

Congress sent a $622 billion tax extender bill to the president's desk last week. While the bill provides hundreds of billions in corporate tax breaks and, on a smaller scale, much-needed relief for low and moderate income workers, millions of hardworking immigrant taxpayers have been left out in the cold.

This Tax Legislation Is Terrible, But It Might Be Worth Passing

The Huffington Post | Jonathan Cohn | Posted 12.17.2015 | Politics

Congress is on the verge of passing a package of very expensive tax cuts and there’s plenty about it to despise. It’s full of huge corporate give...

We Need Congress to Take Action to Protect Working Families This Year

Sr. Simone Campbell | Posted 12.10.2015 | Politics
Sr. Simone Campbell

Disagreements are a valuable part of the process, but Congressional leaders must make it a priority to bridge divides and work together for the benefit of all, with specific care for the most vulnerable.

The Biggest Blow To Obamacare Yet Could Come From Democrats

The Huffington Post | Jonathan Cohn | Posted 12.08.2015 | Politics

Congress is on the brink of taking a big bite out of the Affordable Care Act, after more than five years of mostly futile efforts by Republicans to we...

This Could Be The Last Big Anti-Poverty Effort Of Obama's Presidency

The Huffington Post | Jonathan Cohn | Posted 12.05.2015 | Politics

President Barack Obama and some of his allies are trying to transform an ugly piece of tax legislation into something that gives critical help to mill...

No More Domino Effect: Congress Must Renew the Tax Credits That Keep Families From Falling Down

Kristin Rowe-Finkbeiner | Posted 12.01.2015 | Politics
Kristin Rowe-Finkbeiner

The EITC and Child Tax Credit help stop the falling dominoes that add up to poverty by going directly to moms and dads who are working hard and spending their hard earned cash right in their local communities, giving local businesses and the economy a big boost.

A Landmark Year for Important Policy

Toni G. Atkins | Posted 11.04.2015 | Politics
Toni G. Atkins

"Landmark legislation" is a term that gets thrown around pretty easily in political circles, but many of the bills passed by the Legislature and signed by Gov. Jerry Brown this year live up to that lofty description.

Challenging Republican Premises: On the Cutting of Taxes

David Coates | Posted 10.04.2015 | Politics
David Coates

These Republicans (Trump included) seem totally in agreement that progressive taxation is less effective than light taxation; that it is the scale of public spending and debt which is holding back economic growth, and that it is the burden of taxation to sustain that spending which currently is the key barrier to the generation of private sector-based enterprise and employment.

On Labor Day, Here Are 5 Ways To Help Labor

The Huffington Post | Jonathan Cohn | Posted 09.06.2015 | Politics

Labor Day isn’t simply a time to fire up the grill and enjoy one last weekend of summer. It’s a day to think about the challenges facing American ...

Tax Tips for Dads

Mark Steber | Posted 06.17.2016 | Business
Mark Steber

Happy Father's Day to all the dads out there! Whether you are crawling on the floor with your new baby or walking into the real world with your college graduate, here are a few pointers on how to save some money come tax time.

It's Time to Queer Our Taxes

Meghan Maury | Posted 02.02.2016 | Queer Voices
Meghan Maury

While more states are recognizing same-sex couples' right to marry, there is still an enormous amount of work to be done to secure social justice for all. Ensuring that our families are recognized by the federal tax code is a queer issue. Updating our tax code must remain a key component of advancing freedom, equality, and justice for LGBTQ people.

Make Tax Day Work for You

Jim Gibbons | Posted 05.31.2015 | Money
Jim Gibbons

We all know that many hard-working families and individuals could use a financial boost in this still-tough economy. Millions of Americans can get just that by taking advantage of the tax credits and free filing services available to them.

Hedge-Fund Billionaires Seek Reform Without Research

Eric Cooper | Posted 05.30.2015 | Black Voices
Eric Cooper

Some research suggests that charter schools perform no better than existing public schools. And even if we wanted to, it would be nearly impossible to take the charter movement to scale. So why are the billionaire "disruptors" of the hedge-fund world so hell-bent on establishing charter schools? Money and influence may help to explain it.

Cutting Vital Tax Credits for Working Families Will Put Our Nation's Children at Risk

Janet Murguía | Posted 05.26.2015 | Latino Voices
Janet Murguía

The Latino community will remember that the interests of more than 4 million of its children were sacrificed so a few politicians could pander to extremists. We hope candidates remember this episode in 2016, when they experience a record turnout of Hispanic voters.

Congress, Invest in the Vital Power of VITA

Stacey D. Stewart | Posted 05.24.2015 | Politics
Stacey D. Stewart

Through Volunteer Income Tax Assistance (VITA), volunteers become IRS-certified tax preparers and provide qualifying individuals and families with free, accurate assistance in filing federal tax returns. Fortunately, Congress has a history of supporting this successful public-private partnership.

Millions of Americans Miss One of the LARGEST Tax Benefits Every Year - Are You One?

Mark Steber | Posted 03.25.2015 | Business
Mark Steber

According to the IRS one in every four eligible taxpayers do not claim their Earned Income Tax Credit (EITC). This often overlooked tax credit is also one of the largest credits available to taxpayers. This year, the maximum EITC is $6,143 and that is a LOT of money to leave on the table.

2015 -- Happy New Year, Happy Tax Fitness!

Mark Steber | Posted 03.16.2015 | Business
Mark Steber

One of my resolutions is to help as many people as possible achieve one of the most common resolutions American's make: financial fitness. Was it on your list or should it have been?

Zach Carter

Obama Threatens To Veto Corporate Tax Deal

HuffingtonPost.com | Zach Carter | Posted 11.26.2014 | Politics

WASHINGTON -- The Obama administration on Tuesday threatened to veto a bipartisan tax deal that would reportedly create permanent tax perks for corpor...