New Report Highlights One of Many Benefits a State Earned Income Credit would bring to Kentucky
The Earned Income Credit has grown to become the nation’s most successful anti-poverty program since its creation in 1975. The federal Earned Income Credit is the nation’s single most effective tool for reducing poverty among working families and children. In 2012, the Earned Income Credit lifted more than 6 million people across the nation out of poverty, over half of them children. In 2012, the federal credit benefitted more than 410,000 Kentuckians – almost 25% of tax filers –and put more than $912 million [...]