Douglas Hall, PhD
The federal Earned Income Tax Credit (EITC) lifts more children out of poverty than any other federal program, and benefits 168,000 families in Connecticut. In 2003, about $263 million in federal EITC refunds came to Connecticut's low-wage families. Research shows that these funds are quickly spent -- paying overdue bills, repairing cars, paying for the deposit on a larger apartment and the like -- meaning that these funds moved quickly into Connecticut's economy, helping its recovery. A state EITC in Connecticut would help low-income families achieve self-sufficiency, address the growing disparity between high and low wage earners, and make our tax system more fair.
(November 2005)
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