EITC as a Cost-Effective Health Policy Investment

Columbia University’s Mailman School of Public Health has released a new study showing that the EITC can be a highly cost-effective health policy investment. Researchers analyzed data from the 1993-2010 Behavioral Risk Factor Surveillance System surveys as well as state level life expectancy and determined the cost-effectiveness of state EITC supplements using a microsimulation model…

States without EITCs Rank Low on Social Justice Indicators

Loyola University’s Jesuit Social Research Institute has issued a report  that assesses how all 50 states are faring in three overlapping dimensions of social justice: poverty, racial disparities, and immigrant exclusion. As this Tax Credits for Working Families post points out, the states at the very bottom of the overall rankings (Louisiana, Mississippi, Texas, Alabama, Georgia, and New Mexico) are also…

ICYMI – Consumer Survey Highlights EITC Recipients’ Savings Habits

A recent consumer survey by the National Retail Federation asked respondents of different income levels how they planned on spending their tax refunds. The survey results showed that the vast majority of respondents earning less than $50,000 per year were likely to use their money for savings (43.8 percent), to pay down debt (38.1 percent) or to pay for…

A Spotlight on Paycheck Plus

Policymakers made significant strides in “making work pay” for low-income families with children when they made permanent critical improvements to the EITC and CTC last year. But, as noted above, the EITC still largely excludes workers who are not raising children. Paycheck Plus, a pilot program simulating an expanded EITC for low-income single workers without…

Revisiting Periodic Payment Proposals

Steve Holt, author of the 2008 Brookings paper, “Beyond the Lump Sum: Periodic Payment of the Earned Income Tax Credit,” is revisiting the paper’s original periodic payment proposal in light of several significant recent developments. The recently released “Periodic Payment of the Earned Income Tax Credit Revisited” addresses the following questions: What is the demand for periodic payment alternatives?…