RESULTS advocates for tax policies that are grounded in equity and help people move out of poverty. This includes tools like the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC), refundable tax credits for low-income working individuals and families.
Congress should be looking at how to strengthen – not undermine – our federal anti-poverty programs. Tax policy can be used a force for good, but this new framework will make things worse, not better for millions of families.
With its first federal budget proposal, the White House has taken aim at families struggling to put food on the table, kids around the world seeking an education, and millions more people facing poverty. Proposing massive funding cuts to effective anti-poverty programs, the budget jeopardizes the futures of people across the country and around the world. Now Congress takes up the process.
In February, House Speaker Paul Ryan formed a Task Force on Poverty, Opportunity, and Upward Mobility to help combat poverty in the United States. As members of Congress on both sides of the aisle are taking interest in addressing poverty, what they decide could make a huge difference in the lives of low-income Americans – for better or for worse.
Paychecks aren’t keeping up with rents. That forces millions of people in the U.S. to choose between a place to live and their other basic needs. And for some, it means not having a place to live at all. A renters’ tax credit could help change this.