Pennsylvania Earned Income Tax Credit Gets Another Look
(The Center Square) - There are 32 states, red and blue, who offer some version of an Earned Income Tax Credit, or EITC. Pennsylvania isn’t one of them. The House Finance committee met with experts for an informational hearing on why that should change. The hearing largely centered around what are known as ALICE families and individuals, which stands for Asset Limited, Income Constrained, Employed. These families live above the poverty line and often earn too much to receive assistance yet financial stability and everyday necessities remain out of reach.
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Show Notes
(The Center Square) - There are 32 states, red and blue, who offer some version of an Earned Income Tax Credit, or EITC. Pennsylvania isn’t one of them. The House Finance committee met with experts for an informational hearing on why that should change. The hearing largely centered around what are known as ALICE families and individuals, which stands for Asset Limited, Income Constrained, Employed. These families live above the poverty line and often earn too much to receive assistance yet financial stability and everyday necessities remain out of reach.
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Full story: https://www.thecentersquare.com/pennsylvania/article_5ff43066-f47a-11ef-a24e-17030bb0b109.html
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