Tax Code Helped Low-Income Working Families

Posted by: David Gest
Thanks to: Metropolitan Policy Program

10 February 2006 - 6:00am

Alan Berube of the Brookings Institution examines how receipt of the Earned Income Tax Credit (EITC) expanded nationwide from 2000 to 2003 in response to a weakened economy.

"The broader picture emerging from 2000 to 2003 points to three opportunities for policymakers to assist low-income working families: preserving and expanding the EITC at the federal and state levels; increasing the still-limited reach of volunteer income tax preparation programs; and making the CDCTC refundable to help low-income taxpayers pay for quality child care."

Full Story: The New Safety Net: How the Tax Code Helped Low-Income Working Families During the Early 2000s

Source: The Brookings Institution, February 9, 2006