Increasing Earned Income Tax Credit = a Tax Cut for Working Families
March 2, 2022The state earned income tax credit (EITC) should be permanently raised to 41.5% of the federal credit.
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- Means more money for approximately 200,000 households
- Nationally, 97% of federal EITC benefits go to families with children
This is a tax cut that works for all of Connecticut!
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- The EITC is an incredibly effective anti-poverty tool
- Direct tax relief to workers and their families in the form of a tax refund