Published on April 23, 2021 in Advocacy Results
The Earned Income Tax Credit (EITC) is widely recognized as one of the most effective anti-poverty, pro-working family investments we make as a community. Simply put, it is a tax credit that allows workers with low to moderate incomes to keep more of their hard-earned wages. It is a proven tool our state can use to help stabilize household budgets in the wake of the COVID-19 health crisis. United Way’s ALICE Report shows that 38 percent of Michigan families were struggling to afford their basic needs, even before the pandemic even hit. The modest increase in income generated by the EITC is a vital tool that help working low and moderate-income workers pay for essential household budget items and set them on the path to financial stability.
Unfortunately, in 2010 the state legislature cut Michigan’s state EITC by 70 percent. Working families saw their tax bills increase by up to $300 — funds households need to pay for essentials like food, clothing and transportation. These few hundred dollars extra go a long way for struggling families striving for financial stability, especially during the pandemic.
We need your help to encourage state legislators to support an increase to our state’s EITC.
This is a priority because:
Take action with us. Tell your legislator to increase the state EITC today!