California tax credit would help working families
California is on its way to making a full economic recovery. Yet many working families are still not reaping the financial benefits. In fact, many families are falling behind. Recent reports indicate that our state has one of the highest poverty rates in the country and the highest rate of child poverty.
One proven way to help struggling working families in California is through a state Earned Income Tax Credit (EITC). Currently, 25 states have implemented their own earned-income credit to supplement the federal EITC. States like Rhode Island and Maryland have had a state EITC in place for more than 25 years, and they are working.