All Featured Highlights: Refundable Tax Credits
- Feb 04, 2013 | Helly Lee Research Shows Long-Lasting Benefits of EITC The EITC is a widely successful program that has been shown to help lift families above poverty and contribute to the short-, intermediate- and long-term support of low-income families. Download PDF
- Apr 08, 2008 | Elizabeth Lower-Basch Tax Credits and Public Benefits: Complementary Approaches to Supporting Low-Income Families There is increasing recognition that a substantial fraction of the U.S. workforce is employed at jobs that do not pay enough to allow them to provide for all of their families’ basic needs. Government can play an important role in bridging the gap between what these workers can earn and the necessities of life through work supports structured either as public benefit programs such as food stamps and child care vouchers, or as tax credits such as the Earned Income Tax Credit (EITC) and the dependent care tax credit. Download PDF
- Jun 27, 2012 | Elizabeth Lower-Basch Hearing on How Welfare and Tax Benefits Can Discourage Work This is the Testimony for the Record submitted by CLASP to the Subcommittee on Human Resources,Committee on Ways and Means, U.S. House of Representatives. Download PDF
- Jan 24, 2013 | Lavanya Mohan National EITC Awareness Day: Spread the Word The EITC reduces poverty, encourages work, sustains local economies, and has lasting outcomes on health and children's educational performance. On National EITC Awareness Day, and as we head into tax filing season, we encourage you to spread the word about the benefits and impact of the EITC and the child tax credit. Read Online
- Jan 28, 2013 | Patrick Reimherr, Elizabeth Lower-Basch, and Julie Strawn No Cliff for Tax-Based Student Aid Several major tax incentives for higher education were scheduled to expire at the end of 2012. These incentives benefit college students — or their parents, in the case of dependent students. Thanks to the bill averting the “fiscal cliff,” the American Taxpayer Relief Act of 2012 (ATRA), these tax-based student aid provisions have all been extended. While over the next few months Congress and the President may still make substantial changes to tax-based student aid, in its first act, policymakers chose the status quo. Read Online