The Earned Income Tax Credit (EITC) is a successful federal tax credit and powerful tool to support working families struggling to make ends meet. Georgia has a golden opportunity to strengthen working families, support small businesses and boost local economies with a state EITC. EITC Awareness Day was Friday, Jan. 29. In case you missed the festivities, here are highlights from the day.
Today is #EITCAwarenessDay. Not sure what the Earned Income Tax Credit is? Here’s the lowdown: https://t.co/Pr7MMUiq0x
— GBPI (@GaBudget) January 29, 2016
Celebrate #EITCAwarenessDay with us & prepare for tax season by learning about credits your family may qualify for: https://t.co/rAgnUEBN96
— NWLC (@nwlc) January 29, 2016
Too many Georgians today work hard and play by the rules but fail to get ahead. Incomes are down, wages are flat and expenses are rising for low- and moderate-income families statewide. The yearly tax bill for working families can mean the difference between putting food on the table, making rent or having cash for middle-class investments like owning a reliable car to get to work. A Georgia EITC has been called “pro-family, poverty-fighting tax reform” by the YWCA of Greater Atlanta.
A state EITC is a credit for working families that helps Georgians throughout life.
Ellen Nissenbaum talking about benefits of #workingfamilycredits at every stage of life. #EITC16 #EITCAwarenessDay pic.twitter.com/UHX9rCue5G
— Center on Budget (@CenterOnBudget) January 29, 2016
A state EITC would:
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Provide a bottom-up tax cut to more than a million Georgia households
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Help Georgians with jobs afford the basics and work their way into the middle class
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Boost small businesses, local economies and Georgia’s future workforce
Working moms, military families and rural families would all get a boost from a Georgia EITC.
A #StateEITC would help 770,000 working mothers and 410,000 working fathers in #Georgia #EITCAwarenessDay
— Step Up Savannah (@StepUpSavannah) January 29, 2016
Army veteran @jongkeen explains why a #Georgia #EITC is so important for military families https://t.co/cHyjta7Trq https://t.co/fZ3ACRZKEu
— GBPI (@GaBudget) January 29, 2016
Earned Income Tax Credit can help rural families https://t.co/zSd0pZfP4O #EITCAwarenessDay
— Dept. of Agriculture (@USDA) January 29, 2016
The EITC is also a powerful policy tool for lifting families out of poverty with a bottom-up tax cut.
The #EITC is one of the most effective anti-poverty policies, lifting millions above the poverty line https://t.co/jOtUyYVVBU
— GBPI (@GaBudget) January 29, 2016
A state #EITC would put $270 million back into the pockets of hardworking Georgians https://t.co/gDOJgkce4H pic.twitter.com/qOfJbUR2i2
— GBPI (@GaBudget) January 29, 2016
The federal EITC has been so successful that most states have already adopted EITCs of their own. Georgia could be next.
26 states have built on the success of the federal #EITC. #Georgia should be next. https://t.co/jxjkznq6y3 pic.twitter.com/NNi0sju85t
— GBPI (@GaBudget) January 29, 2016
A Georgia EITC would help many hardworking Georgians become more self-sufficient and prosperous. Watch Kim Anderson, CEO of Families First, explain what a state EITC would mean to these families struggling to get by.
.@FamiliesFirstGA CEO @KimEAnderson explains why a state #EarnedIncomeTaxCredit is kind of a big deal for #Georgia https://t.co/ye6RRwzhcJ
— GBPI (@GaBudget) January 29, 2016
For more information, visit GeorgiaWorkCredit.org.
Pumped for a #Georgia #EITC? We’re proud to launch https://t.co/EeUkspQ6ew. Learn more & join the cause today. pic.twitter.com/aXVpicZklw
— GBPI (@GaBudget) January 29, 2016