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.
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