Maryland Center on Economic Policy: Improving the Child Tax Credit Would Benefit More than 700,000 Marylanders
ITEP Work in ActionRefundable tax credits like the Earned Income Tax Credit and the Child Tax Credit make an important difference for working families, together bringing more than 100,000 Marylanders’ family incomes above the federal poverty line each year. Maryland has built on these successful policies by supplementing the federal Earned Income Tax Credit with a state credit and extending it to previously ineligible young workers. We can build economic security and opportunity for hundreds of thousands of children if we also act to strengthen the Child Tax Credit.