KACAP Recommends
The Role of Earned Income Tax Credit in the budgets of low-income families
A report from the University of Michigan National Poverty Center reads, "The annual receipt of large tax refunds, primarily due to the Earned Income Tax Credit (EITC), provides families with an unusual opportunity to save and build assets... fueled by the expectation of ongoing annual tax refunds." 

The EITC is an excellent poverty deterrent. Learn more about this research HERE. Or, see YOUR state's EITC participation rate HERE.

And this data is sinking in at every level. President Obama recently urged for an expansion of this important effort, and Paul Ryan recently praised the effectiveness of the EITC as well. But it is important to remember that ONE tax credit does not an ENTIRE safety net make.