Gazette Editorial: A Tax Break for Low-Income Working West Virginians?
Charleston Gazette-Mail - One way West Virginia could put more money in the hands of residents who need it most is a state Earned Income Tax Credit. The West Virginia Center on Budget and Policy has a clever new tool for local communities — and their legislative representatives — to see how such an investment would reverberate through their local economies. Read
Have a look at investinwvfamilies.org and evaluate it yourself.
Statewide, the center estimates that 141,176 low-income households would benefit from such a credit. It would touch almost 163,000 children — more than half of the state's child population.
The average income boost to working people would be $332 a year. That would add up to another $46.9 million in the pockets of West Virginians to be spent on housing, utilities, food, clothing themselves and their children.