News Round Up: November 11, 2019
Here are some highlights from the past week’s news and upcoming events on family tax credit issues:
Top Story: South Bend, IN Mayor Pete Buttigieg has unveiled “An Economic Agenda for American Families” as part of his 2020 presidential campaign. The plan focuses on increasing financial security for the U.S. middle class and includes proposals to increase low-income workers’ incomes, such as enacting the federal Working Families Tax Relief Act, which would dramatically expand the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC). (Pete for America)
- The Center on Budget and Policy Priorities (CBPP) released fact sheets on how the Working Families Tax Relief Act would boost incomes, reduce poverty, and improve children’s life outcomes in each state. (CBPP)
- Based on recommendations from the Tax Restructuring and Equalization Task Force, the Utah state legislature released draft tax reform legislation that includes a proposal to enact a state EITC to benefit low-income workers. (The Salt Lake Tribune)
- We blogged about a new report from the Committee for Economic Development of The Conference Board that urges policymakers to strengthen the EITC and CTC in order to increase labor force participation. (TCWF)