Economic Progress Institute: Enhancing the Economic Security of Low-Income Working Rhode Islanders by Increasing the State’s Earned Income Tax Credit Refund

The Earned Income Tax Credits (EITC) is widely recognized as an effective, short-term tool for lifting low-income working families out of poverty by encouraging work and supplementing low wages.  Rhode Island should enhance the effectiveness of its state EITC by increasing the refund available to low-wage workers.  This would put money in the pockets of low-income working households that could help provide for basic needs, pay for extra expenses such as a security deposit or car repair, and build assets for the future.

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