Thursday, January 26, 2012

Earned Income Tax Awareness Day

When times get tough in low-income households, the food budget is usually the first thing families cut. We can’t end hunger as long as people lack the financial resources they need to put food on the table.

A series of tax cuts will expire at the end of 2012, including two provisions that are critical for low-income working families: the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC). These tax credits boost household earnings and lift millions of people out of poverty each year.


Additional information about EITC and the Child Tax Credit are in the full article at:

www.bread.org/ol/2012/tax-credits/

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