September 14, 2021

CNBC: House Democrats push for permanent EITC expansion

A permanent expansion may cost $135 billion over the next decade, the Joint Committee on Taxation estimates.

If enacted, the increased credit may provide $12.4 billion to families in 2022, affecting 19.5 million workers, research from the Institute on Taxation and Economic Policy shows. Read more

Author

Aidan Davis

State Policy Director

Nearly 20 Million Will Benefit if Congress Makes the EITC Enhancement Permanent

Institute on Taxation
and Economic Policy

ITEP is a non-profit, non-partisan tax policy organization. We conduct rigorous analyses of tax and economic proposals and provide data-driven recommendations to shape equitable and sustainable tax systems.

Subscribe to ITEP Emails

Tax research and policy news in your inbox.

Promote Fair Tax Policy

Your gift to ITEP promotes tax justice. With your help, we do research that supports taxing millionaires and billionaires, taxing big corporations and raising revenue for the things our people, our communities and our planet need.

Together, we can create a country with more economic justice, more racial justice, more climate justice… and more tax justice.

Make a Donation

CNBC: House Democrats push for permanent EITC expansion

Share

Aidan Davis

Nearly 20 Million Will Benefit if Congress Makes the EITC Enhancement Permanent

Institute on Taxation
and Economic Policy

Subscribe to ITEP Emails

Promote Fair Tax Policy

Federal Policy Research

State Policy Research

Local Policy Research

Contact

CNBC: House Democrats push for permanent EITC expansion

Share

Aidan Davis

Nearly 20 Million Will Benefit if Congress Makes the EITC Enhancement Permanent

Institute on Taxationand Economic Policy

Subscribe to ITEP Emails

Promote Fair Tax Policy

Federal Policy Research

State Policy Research

Local Policy Research

Contact

Institute on Taxation
and Economic Policy