This Week’s Must-Read: States Without State EITCs Have the Most Poverty

A major city is designating over $1 million to raise EITC awareness, a study finds more people plan to save their tax refunds, and states without state EITCs have higher rates of poverty.

  • A recent study finds that states without a state-level EITC have the highest amount of income inequality.
  • Philadelphia spent over $1 million to raise EITC awareness. Marketplace features the story of Philadelphia resident Roslyn Sanders, who ignored the EITC on tax form for years when she filed her own taxes.
  • It’s been 25 years since the federal tipping wage was raised to $2.13 an hour. The One Fair Wage campaign is a national movement with the goal of establishing a living wage for tipped workers.
  • New America Media features Lam Hon Man and Ya Ling to demonstrate how the new refundable California EITC helps the lives low-income workers.
  • A new study finds that almost 50 percent of people expecting to claim a tax return refund plan on putting the money towards emergency savings.

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