Research: Earned Income Tax Credit Strengthens Families & Local Economies

Media Advisory
As Tax-Filing Season Begins, National Organizations Host “EITC Awareness Day” Briefing
WHAT: A policy briefing for Members of Congress, their staff and news media. Speakers will address the ways in which the Earned Income Tax Credit (EITC) brings value to not only individuals and working families, but also to entire communities, local economies and the nation as a whole.  The event comes in conjunction with the IRS’ annual “EITC Awareness Day,” being celebrated this year on Jan. 27.
A new paper on the EITC will be released at the briefing, highlighting research on the credit’s many strengths and laying-out policy priorities for its preservation as EITC improvements expire in 2012.
WHEN: Thursday, Jan. 26, 2012, 10:00 – 11:30 a.m.
WHERE: Room 121, Cannon House Office Building, Washington, DC
WHO: Hosted by the National Community Tax Coalition and advocacy partners, including:
Center on Budget and Policy Priorities
Corporation for Enterprise Development
Community Action Partnership
Doorways to Dreams Fund
Goodwill Industries International
National Disability Institute
New America Foundation
One Economy Corporation
First Nations Oweesta Corporation
RESULTS
Tax Credits for Working Families
United Way Worldwide

Speakers will include

  • Jackie Lynn Coleman – Executive Director, National Community Tax Coalition
  • Sara Johnson – Director, Baltimore CASH Campaign
  • Jana Barresi – Manager of Federal Government Relations, Wal-Mart Corporation
  • David Rothstein – Researcher, Policy Matters Ohio and New America Foundation

WHY: The EITC is the nation’s most successful policy tool for preventing families from falling into poverty.  Yet one in five eligible families fail to claim it – and recent improvements strengthening the credit will expire in 2012, without Congressional action.
It’s critical that we protect and build upon the credit – or risk erosion in the research-proven ways in which the EITC strengthens both the educational and health outcomes of working families and local economies and business.
Contact:
Dan Fair
National Community Tax Coalition
312-346-6282 ext. 248
[email protected]
Charlene Sarmiento
Goodwill Industries International
240-333-5590
[email protected]