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    • About the EITC
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Daily Archives: March 10, 2017

IRS Data Show Fewer Early Returns Filed

Outreach&Tax PrepBy Deneisha ThompsonMarch 10, 2017

A recent Tax Policy Center blog post takes a look at early tax filing data from the IRS, which show that fewer tax returns were filed early on in the tax season this year and that average refunds have dropped. As of February 3rd, only 20 million returns were filed in contrast to 27 million the previous…

Stark Wealth Disparities Remain Between Black and White Women

Financial EmpowermentBy Deneisha ThompsonMarch 10, 2017

Researchers from Duke University and the Insight Center for Community Economic Development recently released Women, Race and Wealth, the first in a series of briefs that examines patterns of wealth among black and white women. Wealth disparity between black and white households has reached its highest level in over 25 years, and research shows that black…

Monitoring the Leaked Draft Executive Order on Public Benefits

Benefits AccessBy Deneisha ThompsonMarch 10, 2017

Immigrant rights organizations are actively monitoring a leaked draft Executive Order that would make legal permanent residents more vulnerable to deportation when using federal means-tested public benefits. In addition to additional restrictions, the draft EO includes a tax credit component – it would limit access to the Child Tax Credit (CTC) to households in which…

Has the EITC’s Effectiveness Been Underestimated?

EITC Policy Resources, PolicyBy Deneisha ThompsonMarch 10, 2017

A new policy brief from the Institute for Research on Labor and Employment at the University of California at Berkeley – The Earned Income Tax Credit: A Key Policy to Support Families Facing Wage Stagnation – looks at the direct and indirect impact of the EITC by reviewing its benefits beyond cash value and examining…

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