A Hand Up: How State Earned Income Tax Credits Help Working Families Escape Poverty. 1999 Edition.

Autor/in	Johnson, Nicholas
Institution	Center on Budget and Policy Priorities, Washington, DC.
Titel	A Hand Up: How State Earned Income Tax Credits Help Working Families Escape Poverty. 1999 Edition.
Quelle	(1999), (54 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	Low Income Groups; Poverty; Resource Allocation; State Programs; Tax Credits; Urban Youth + Suchen Sie Ihr Suchwort? Armut; Ressourcenallokation; Regierungsprogramm; Steuerermäßigung; Urban area; Urban areas; Youth; Stadtregion; Stadt; Jugend
Abstract	An Earned Income Tax Credit (EITC) is a tax reduction and a wage supplement for low- and moderate-income working families. The federal government administers an EITC through the income tax, as do some states. States that enact EITCs can reduce child poverty, support welfare-to-work efforts, and cut taxes for families struggling to make ends meet. Altogether, 11 states now offer EITCs based on the federal credit. The federal EITC is considered the most effective antipoverty program in the United States for working families. It is estimated that the federal EITC lifts nearly 5 million people, roughly half of whom are children, out of poverty each year. Interviews with EITC recipients show that many use their refunds to make the kinds of investment, including paying for education, that enhance economic security and promote economic opportunity. Two appendixes show parameters of the federal EITC and the estimated cost of refundable state EITCs. (SLD)
Erfasst von	ERIC (Education Resources Information Center), Washington, DC