For more information: IRS Earned Income Tax Credit (EITC)
ENCOURAGING ELIGIBLE WORKERS TO USE THE EARNED INCOME TAX CREDIT (EITC)
WHEREAS, as tax season kicked-off, Wisconsin U.S. Senator Tammy Baldwin introduced a resolution in the U.S. Senate designating January 27, 2017 as Earned Income Tax Credit (EITC) Awareness Day; and
WHEREAS, recognition of EITC can help to lift thousands of Wisconsin’s working families and individuals out of poverty by encouraging and rewarding work – but too many people are unaware that they are eligible for the EITC, and then don’t claim the credit on their tax returns; and
WHEREAS, an estimated one out-of-five eligible workers do not claim the EITC. That’s money left on the table that doesn’t make it into the pockets of hard-working Wisconsinites and our local economies; and
WHEREAS, last year, the EITC helped more than 376,000 Wisconsin workers get back $849 million. In 2015, the EITC lifted approximately 6,500,000 people out of poverty including approximately 3,300,000 children, nationwide; and
WHEREAS, that is why it’s critical to spread the word and ensure that more Wisconsinites are rewarded for their hard work. By kicking-off tax season with EITC awareness, we can promote this vital tax credit and ensure all eligible workers have access to its powerful benefits.
NOW, THEREFORE, BE IT RESOLVED, that the Middleton Common Council calls on individuals, local businesses, not-for-profits and other government agencies to help publicize the Earned Income Tax Credit (EITC) as a non-partisan anti-poverty program upon which all Americans can agree.
Adopted this 7th day of February, 2017.