Tag: earnings

Photo of kids playing on a bicycle.

Here is just some of what decades of research has revealed about poverty’s ill effects on children: lower birth weights and more obesity, diabetes, asthma, anxiety, smoking, depression, and intellectual disabilities, as well as lower college attendance and a greater likelihood of entering the criminal justice system. And then there is the negative fallout if…

Photo of mother with baby

Single mothers receive three-fourths of the tax refunds the IRS pays out every year through the Earned Income Tax Credit (EITC) for low-income workers. The EITC’s big plus is that it’s fully refundable. In contrast to nonrefundable tax credits that reduce the taxes a worker already owes, the EITC gives refunds even if they don’t…