Research on State Tax Credits and Advancing Racial Equity

The Carsey School of Public Policy at the University of New Hampshire recently released a report demonstrating the effectiveness of state credits in poverty reduction efforts, particularly for households of color. Using Current Population Survey (CPS) Annual Social and Economic Supplement (ASEC) data from 2010 to 2014, the report finds that families receiving state EITC benefits…

Who Benefits from California’s EITC?

The State of California’s Franchise Tax Board (FTB) recently released a report on the impact of the state’s earned income tax credit (CalEITC). Using data from Tax Year 2015, the FTB found that the CalEITC benefitted approximately 815,000 Californians and together with the federal credit, helped lift approximately 250,000 Californians out of deep poverty. The report…