18 to win legislative approval of a state earned-income tax credit
for low-income workers.
President Clinton proposed expanding the earned-income tax credit
, which provides an annual payment to 19 million working families at or near the poverty line.
And the earned-income tax credit
, one of the best benefits for the working poor, was cut by $5 billion.
Right now, we're deeply involved in legislative battles as diverse as welfare reform, land mines, and the earned-income tax credit
* Earned-income tax credit
. The tax credit to working-poor families was also increased.
The earned-income tax credit
can take a bite out of your tax bill.
A bipartisan proposal introduced last week in the House Revenue Committee would accomplish that worthy goal by more than doubling the value of Oregon's earned-income tax credit
, a tax break designed to help low-income families with child- ren.
He has called for an $11 million package of tax credits and subsidies for all poor households, including $4.5 million for an earned-income tax credit
and $6.5 million in new spending for childcare, health insurance, housing, transportation and job training.
The House Ways and Means Committee endorsed a $23 billion cut in the earned-income tax credit
for low-income families.
With the earned-income tax credit
, a steady, low-wage job yields a nonpoverty income.
For two decades now, the federal budget has provided an earned-income tax credit
for families headed by full-time workers whose income falls below the poverty line.
The report calls for higher taxes on the rich and on corporations, more generous unemployment benefits, bigger earned-income tax credits
for low-wage earners, and government policies that promote union organizing.