Georgia Budget & Policy Institute: Georgia Work Credit Could Get Families a Better Deal at Tax Time

As Georgians put the finishing touches on their returns to meet today’s income tax filing deadline, one benefit many are missing out on is a tax credit that states can offer to help average families get a fair deal. Twenty-six states and the District of Columbia provide taxpayers with a state-level match for the Earned Income Tax Credit (EITC), a federal program that gives a targeted tax cut to low- and middle-income workers with kids. It’s a well-documented fact that state EITCs are a good way to keep working families on the path to success by helping parents afford core needs like food and shelter as well as strategic investments like a reliable car to get to work. But a lesser-known benefit of the policy is the balance it brings to state and local tax systems as a whole, which tend to offer a better deal for those at the very top.

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