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 ...

Join Our Team

NC Policy Watch is hiring two new journalists to join our award-winning team. Click here for more information.  

Top Stories from NCPW

  • News
  • Commentary

Amber Williams has seen better days. But the mother of four girls isn’t complaining. Her young famil [...]

As part of our ongoing effort to inform North Carolinians about the state judiciary, Policy Watch is [...]

Trustees at Historically Black Colleges and Universities oppose the change over concerns that conser [...]

As part of our ongoing effort to inform North Carolinians about the state judiciary, Policy Watch is [...]

There has never been a more urgent time for Congress to step up and pass a relief package that ackno [...]

In 2008, artist Shepard Fairey’s iconic image of then-Senator and presidential candidate Barack Obam [...]

The post The Postmaster always gives twice appeared first on NC Policy Watch. [...]

As unemployment has climbed and household budgets have been stretched thinner and thinner, more fami [...]