No children? No EITC
While Maryland lawmakers gave low-income working families a helping hand recently by increasing a key tax credit, they need to go a step further and make sure that more workers are eligible for the credit, regardless of whether they are
Study: Recent EITC Expansion in MD will Make Taxes More Fair, Reduce Inequality
Working Marylanders with the lowest earnings will pay slightly less of their income in taxes — 9.9 percent compared to 10.1 percent now – once the expansion of the state’s Earned Income Tax Credit is fully phased in, according to
Four Victories for Working Marylanders: The 2014 Legislative Session in Review
With the 2014 legislative session in the books, it is time to assess the General Assembly’s achievements as well as take stock of the work left undone. Today, we focus on several measures the legislature passed that will help move
The EITC Cannot Fight Poverty Alone
The Earned Income Tax Credit (EITC) is a powerful tool for helping low-income working families, but to effectively raise Marylanders out of poverty and foster broad-based prosperity, it must work alongside other measures, including a boost in the minimum wage.
Earned Income Tax Credit Legislation Would Improve an Already Effective Tool
Maryland’s General Assembly has a unique opportunity to help the working poor in a variety of ways this session—including by expanding the refundable portion of the state’s Earned Income Tax Credit. On Wednesday, the Senate Budget and Taxation Committee heard testimony on a
Statement in Support of HB 198 – EITC Expansion
Increasing Maryland’s Refundable EIC Would Reduce Inequality Given before the Senate Budget and Taxation Committee The Maryland Center on Economic Policy supports House Bill 198, expanding the state refundable earned income credit (REIC) to 28 percent over four years. Maryland
Federal Earned Income Tax Credit Expansion Would Help Maryland’s Workers and Economy
Recent weeks have seen promising developments at the state and national level regarding the Earned Income Tax Credit(EITC), an important credit for low and moderate income working people. The EITC helps offset federal payroll and income taxes, reduces poverty and
Commentary: Minimum wage and Earned Income Credit go hand in hand
Maryland Reporter, February 7, 2014 This commentary is in response to Monday’s column by Barry Rascovar, “Do-gooders know best about wages“ By Benjamin Orr, Executive Director, Maryland Center on Economic Policy There are ads running on TV that make their point
Statement in Support of HB 198 – EITC Expansion
Increasing Maryland’s Refundable EIC Would Reduce Inequality Given before the House Ways and Means Committee Download