March 5, 2014
The President’s budget for 2015 includes several important improvements to the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) that, taken together, would help low-wage Kentucky workers and their families make ends meet, reduce income inequality and give a boost to the state’s economy.
One proposal is to expand the now-tiny Earned Income Tax Credit (EITC) for working childless adults and non-custodial parents (“childless workers”), an idea that has growing support across the political spectrum. That expansion would help 187,000 workers in Kentucky.1
Currently, a childless adult working read more