Advocates Want Earned Income Tax Credit Restored
October 11th, 2012 | by Jon Whiten | Published in NJPP In the News
From WBGO-FM, October 10, 2012:
Activists are accusing Governor Christie of using the working poor as a bargaining chip to get a tax cut enacted.
The governor is refusing to restore full funding for the Earned Income Tax Credit unless the legislature approves a tax cut.
While the Christie administration says it will continue to push for restoration of the tax credit as part of the broader tax cut plan, NJPP senior policy analyst Raymond Castro tells WBGO that if there isn’t enough revenue to support the tax cut, he hopes EITC will still get attention.
“If we find out next year that it’s not possible to have a broad tax cut I would imagine they would revisit the issue of the EITC as a more targeted approach,” Castro says.
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