Tuesday, February 16, 2010

720,000 Michigan Residents Benefit from Earned Income Tax Credit

"Michiganians struggling to just get by in this dismal economy are getting a helping hand from an unlikely source: the tax man.

Federal and state tax agencies have anywhere from a few hundred to several thousand dollars to give low-income workers and their families through the Earned Income Tax Credit.

Last year, more than 720,000 Michigan residents collected $1.5 billion from the federal credit, at an average of $2,047 apiece."

The full article is in Tuesday's Detroit News:

detnews.com/article/20100216/BIZ/2160368/Earned-income-credit-boosts-Michigan-s-low-income-workers

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