News Round Up: February 14, 2022
Top Story: Utah’s legislature passed a nearly $200 million tax relief package that includes the implementation of an Earned Income Tax Credit (EITC), making Utah the 31st state with an EITC. (Salt Lake Tribune)
- Right below Utah, Arizona Governor Doug Ducey is in support of a bill that calls for a state EITC. (The Tennessee Star)
- Back on the East coast, the United Way of Chester County Pennsylvania is calling for a state EITC, citing the needed relief it would provide for working families across the Commonwealth. In Chester County, more than one out of every four households struggled to make ends meet before the COVID-19 pandemic. (The Times of Chester County)
- House legislators in Vermont passed a state Child Tax Credit (CTC) similar to the federal program, allowing eligible families to receive $1,200 per child under six years of age. (WCAX)
- In case you missed it, the White House marked February 8 as a Day of Action as Vice President Kamala Harris and Treasury Secretary Janet Yellen amplified efforts to encourage eligible families to file their taxes to receive the CTC or the EITC. (The White House)
- A recent policy brief by Health Affairs reveals the direct correlations between the expanded CTC and reductions in food insecurity and income volatility, resulting in improved health outcomes for children. (Health Affairs)