Beckley Register-Herald – Proponents of the Earned Income Tax Credit (EITC) unveiled a new tool Monday to help lawmakers see what the credit would do in their districts. Read
The invest in Working Families Coalition launched the interactive web site www.investinwvfamilies.org, during a press conference at the Capitol. The site allows users to search the state by city, and either delegate or senate district.
“When you let working families keep more of what they earn, they put that money right back into local economies,” said Seth DiStefano, spokesperson for the coalition.
West Virginia would join 26 other states and the District of Columbia in a state level EITC. A federal EITC was enacted in the 1970s under President Gerald Ford, and eliminates the tax liability for low wage earners. Some recent expansions of the federal EITC are set to be phased out in 2017, according to the Economic Policy Institute.
