This Week’s Must-Read: Census Data Shows the EITC Helps Decrease Poverty

Analysis of the 2015 Census data show refundable tax credits played a significant role in decreasing poverty.

  • The Center on Budget and Policy Priorities analysis of the 2015 Census data shows that the safety net programs, including the EITC and CTC, reduced poverty by almost 50 percent.
  • Using the same Census data, the Economic Policy Institute shows that refundable tax credits lifted 9.2 million people out of poverty.
  • The AARP Foundation issues a statement strongly supporting the EITC because of its positive impact on older adults living in poverty.
  • Lisa Hamler-Fugitt, executive director of the Ohio Association of Foodbanks, believes that the EITC, along with SNAP, the school meals program, and a higher minimum wage, can help prevent hunger in the state.

Related

Recent Blog Posts

Embedding a Financial Coaching Model

During this one-hour training, the Financial Clinic’s team will review the fundamentals of financial coaching, discuss strategies for incorporating coaching in your day to day work, and highlight how coaching…

Jul 19, 2018
Read more