NC Budget and Tax Center

Illinois makes the right choice, expands EITC in new budget deal

The Illinois state legislature just passed a budget that includes an Earned Income Tax Credit (EITC) expansion. From TCWF: “Under the agreement, which ends the state’s two-year budget impasse, the personal income tax rate for all Illinois workers will increase from 3.75 to 4.95 percent. Increasing the state’s EITC will help to mitigate the burden of an income tax hike on low-wage workers who are often hit hardest by flat tax systems.”

EITC momentum is picking up across the nation. Montana and South Carolina have both enacted state EITC laws, while Hawai’i’s passed the state legislature and just awaits for the governor’s signature. Two other states have passed bills to expand access or participation rates.

States across the country are getting the message: working families need the EITC. NC lawmakers should start listening.

Click here for the original statement from TCWF.

 

Check Also

Busting the myths about affirmative action

As the federal government moves to investigate the ...

Top Stories from NCPW

  • News
  • Commentary

The following information is gathered from the Guttmacher Institute: 90% — North Carolina counties i [...]

Nothing is off the table when it comes to Republican judicial reform, and a former Wake County judge [...]

On a cozy autumn evening at the luxurious Umstead Hotel in Cary, a medley of corporate luminaries, s [...]

A fix for North Carolina’s class size crisis in March? A GOP senator from Wake County tells his cons [...]

It’s one of the great and bitter ironies of our modern American policy debates that it is conservati [...]

On the 45th anniversary of Roe v. Wade, the U.S. Supreme Court decision that legalized abortion in t [...]

The post Classic projection appeared first on NC Policy Watch. [...]

It was a snowy and shortened work week for a lot of people in North Carolina, but unfortunately, tha [...]

Upcoming Events

Featured | Special Projects

NC Budget 2017
The maze of the NC Budget is complex. Follow the stories to follow the money.
Read more


NC Redistricting 2017
New map, new districts, new lawmakers. Here’s what you need to know about gerrymandering in NC.
Read more