Want to reduce poverty? Expand the Earned Income Tax Credit.
“This week, millions of Americans filed their annual income tax returns with the Internal Revenue Service. Even with tax day behind us, debate continues about the effects of tax law changes passed by Congress in 2017. But, one thing remains the same: The Earned Income Tax Credit is one of the most effective ways to put needed money into the hands of the nation’s working poor. Expanding the credit — and making sure eligible Americans know about it — can be an important tool to reduce poverty, especially for children.”