Not the same old tax-season story for working parents


| 3/30/2010 4:27:19 PM


Tags: Earned Income Tax Credit, American Public Media, American RadioWorks, income, taxes, working families, parents, budget, Christopher Christie, Richard Nixon, Bill Clinton, Barack Obama, Jaimie Stevenson,

“It rewards work. And here’s the thing, it lifts more children out of poverty than any other social program.”

 

Wait a second, what?!

 

The Earned Income Tax Credit holds up the floor for modest-income working families by issuing a cash return on income that parents earn. But many more families are eligible than file for it. This season, New Jersey could be the first state to decrease this tax credit.