A State Earned Income Credit Would Help Kentucky Families and Local Economies, Updated September 2017

Size 234.08 KB
Download

Kentucky children thrive when parents can earn a living and meet basic needs for the family. Built on the premise of supporting work over welfare, the federal Earned Income Tax Credit (EITC) is designed to encourage and reward work while also delivering much-needed support to low-income families. This brief examines the federal EITC and the benefits a state EITC would provide to Kentucky’s working families and local economies if such a credit were implemented in the Commonwealth.