This Week’s Must-Read: In Honor of Labor Day, Let’s Support Expanding the EITC for Workers without Children

The Center on Budget and Policy Priorities shares data supporting the expansion of the EITC to workers without children, the Center for American Progress recommends enhancements to the Child Tax Credit, and a Brookings Institute study shows the powerful impact of the EITC on education.

  • New data, released by the Center on Budget and Policy Priorities, shows that expanding the EITC for low-wage childless workers would benefit workers in a number of occupations in every state.
  • In light of expiring ITINs under the PATH Act, CFED recommends that VITA programs file returns on time and address renewals separately, even if the ITIN has expired.
  • To combat childhood poverty, the Center for American Progress proposes some changes to the CTC, including eliminating the minimum earning requirement, adjusting the credit for inflation, and supplementing the credit with a Young Child Tax Credit.
  • A push for individual development accounts initiatives, at the federal level, could help many students pay for college by incentivizing saving.

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