federal taxes push millions of “childless workers”* into or further into poverty

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Federal Taxes Push Millions of “Childless Workers”* Into or Further into Poverty. “Childless Workers” Receive Much Smaller Average EITC Benefit. “Childless Workers” Receive Much Smaller Average EITC Benefit. The Maximum EITC Benefit for “Childless Workers” is Small. - PowerPoint PPT Presentation

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Center on Budget and Policy Priorities

cbpp.org1

Federal Taxes Push Millions of “Childless Workers”* Into or Further into Poverty

Center on Budget and Policy Priorities

cbpp.org

“Childless Workers” Receive Much Smaller Average EITC Benefit

2

Center on Budget and Policy Priorities

cbpp.org

“Childless Workers” Receive Much Smaller Average EITC Benefit

3

Center on Budget and Policy Priorities

cbpp.org

The Maximum EITC Benefit for “Childless Workers” is Small

Source: CBPP projections of IRS data

Center on Budget and Policy Priorities

cbpp.org

“Childless Workers” Lose EITC at Much Lower Income Level than Workers with Children

Source: CBPP projections of IRS data

Center on Budget and Policy Priorities

cbpp.org

The Current “Childless Workers’” EITC Does Little to Offset Income and Payroll Taxes

Source: CBPP projections of IRS data

Center on Budget and Policy Priorities

cbpp.org

President’s Proposal Would Boost Earned Income Tax Credit (EITC) for “Childless

Workers”

7

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