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Federal Taxes Push Millions of “Childless Workers”* Into or Further into Poverty. “Childless Workers” Receive Much Smaller Average EITC Benefit. “Childless Workers” Receive Much Smaller Average EITC Benefit. The Maximum EITC Benefit for “Childless Workers” is Small. - PowerPoint PPT Presentation
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Center on Budget and Policy Priorities
cbpp.org1
Federal Taxes Push Millions of “Childless Workers”* Into or Further into Poverty
Center on Budget and Policy Priorities
cbpp.org
“Childless Workers” Receive Much Smaller Average EITC Benefit
2
Center on Budget and Policy Priorities
cbpp.org
“Childless Workers” Receive Much Smaller Average EITC Benefit
3
Center on Budget and Policy Priorities
cbpp.org
The Maximum EITC Benefit for “Childless Workers” is Small
Source: CBPP projections of IRS data
Center on Budget and Policy Priorities
cbpp.org
“Childless Workers” Lose EITC at Much Lower Income Level than Workers with Children
Source: CBPP projections of IRS data
Center on Budget and Policy Priorities
cbpp.org
The Current “Childless Workers’” EITC Does Little to Offset Income and Payroll Taxes
Source: CBPP projections of IRS data
Center on Budget and Policy Priorities
cbpp.org
President’s Proposal Would Boost Earned Income Tax Credit (EITC) for “Childless
Workers”
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