June 10, 2008
Brookings Report Urges Raising EITC
A new Brookings Report urges increases to the EITC, and on Friday there will be a briefing on the report. The report is: Alan Berube, David Park, Elizabeth Kneebone, Metro Raise: Boosting the Earned Income Tax Credit to Help Metropolitan Workers and Families, Metropolitan Policy Program at Brookings (June 2008). The summary is here and the abstract is below:
To alleviate poverty, make work pay, and help low-wage workers and lower-income families meet rising costs of living, the federal government should expand the Earned Income Tax Credit (EITC). Targeted expansions to the credit, and new options for workers to receive the EITC’s proceeds throughout the year (rather than in a lump sum), would ensure more economically inclusive growth, especially in the major metropolitan areas where the bulk of America’s working poor resides.
The briefing will be on Friday, June 13, at 10 am in Washington, DC in Room B-318 of the Rayburn House Office Building. Panelists include: Alan Berube, Report Author and Research Director, Metropolitan Policy Program, The Brookings Institution; Karen Crompton, Executive Director, Voices for Utah Children; Dermot Finch, Director, Centre for Cities, London, UK; Nick Gwyn, Majority Staff Director, Income Security and Family Support Subcommittee, Ways and Means Committee; and Chauncy Lennon, Vice President for Asset Building Programs, SEEDCO, New York. Please RSVP to Laura Hayes at [email protected].
-Thanks to Josh Nelson at the Hatcher Group for the heads up. E.R. [email protected]
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