Prosperity Now has released its 2020 version of the report: From Upside Down to Right-Side Up: Turning the Tax Code Into an Engine for Economic and Racial Equality. As the authors explain: Upside down provisions within the tax code are designed in ways that overlook or lock out communities of color, widening inequities facing these…
Tax day 2020 arrived this week, and with it some exciting news from Colorado as it becomes the first state to expand EITC eligibility to taxpayers with Individual Taxpayer Identification Numbers (ITINs), a major step toward making the EITC more inclusive for immigrant families and enhancing the credit’s impact. The EITC is a financial lifeline for…
The Institute for Women’s Policy Research (IWPR) and the University of California-Berkeley’s Work-Family Supports and Health Research Hub recently hosted the webinar: Work Supports and Health: The Earned Income Tax Credit. The COVID-19 global pandemic is having a substantial impact on the economy; most experts agree that the United States, among other countries, is headed…
United Way Worldwide (UWW) supports, funds, and helps to grow VITA networks across the country. We recently spoke with Laura Scherler, Senior Director of Economic Mobility and Corporate Solutions; Barbara Saverino, Director of Public Policy and Advocacy, and Bryndan Stueve, Manager, Community Impact and Economic Mobility about United Way Worldwide’s program and policy strategies in…
A new report from the Center on Budget and Policy Priorities encourages states to enact and strengthen state-level Earned Income Tax Credits (EITC) to create an anti-racist policy response to the COVID-19 crisis. The report – 3 Principles for an Anti-Racist, Equitable State Response to COVID-19 – and a Stronger Recovery, lays out principles to…
The EITC Funders Network’s mission includes advancing equitable economic opportunity. As a nation we cannot achieve economic equity and opportunity without racial equity and justice. We stand united with those calling for the systemic reforms necessary to end structural racism, and deepen our commitment to showing up, speaking out, and doing the work. See below…
The CDC Foundation has published its Earned Income Tax Credit (EITC) Public Health Action Guide for public health care professionals. This guide includes information on EITCs, how EITCs keep more families and children above the poverty line, and their link with positive health outcomes, especially among mothers and children. The goal for this guide is to…
VITA Innovations and Adaptations in the Current Moment: A Conversation for Funders Thursday, May 14 I 1pm – 2pm EST The COVID-19 crisis continues to alter the VITA landscape and tax preparation in this extended tax season, and likely beyond. As the VITA community retools to meet this moment for its existing clients, reaching non-filers…
A recent Inside Philanthropy article takes a closer look at the work of the EITC Funders Network in the realm of budget and fiscal policy, in the context of the COVID-19, and in the path ahead. Money in People’s Pockets: How This Funder Network Confronts Economic Hardship, by Philip Rojc, features the voice of our…
Over the last month, the number of unemployment claims has risen to 22 million, with low-wage workers – those who are the most vulnerable and have the least amount of job protection – in the bull’s eye of the pandemic’s threat to the labor force. This economic crisis has already erased the number of jobs…