Shelley Geballe, JD, MPH, Douglas J. Hall, PhD, Ellen Scalettar, JD
The federal earned income tax credit (EITC) contributed $217 million in 2001 to the Connecticut economy, providing an effective economic stimulus while helping thousands of low-wage families move towards economic self-sufficiency. Families in each and every Connecticut town benefited from the EITC. This report recommends that Connecticut build on the success of the federal tax credit by creating a state-level counterpart, which could provide an estimated $43 million more to Connecticut’s low-wage families, helping them to better meet their children’s needs. (July 2004)
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[1]: http://www.ctkidslink.org/publications/econ04eitc07.pdf
[2]: http://www.ctkidslink.org/publications/econ04eitcrelease07.pdf