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United Ways across state push for taxpayer relief | Economy

Mount Equity Group Tokyo Japan > News > Markets > United Ways across state push for taxpayer relief | Economy

Williamsport, Pa. — United Ways across the Commonwealth of Pennsylvania and United Way of Pennsylvania are calling for state legislators to join 28 other  states that currently offer individual working taxpayers some tax relief in the form of an Earned Income Tax Credit.

A new economic impact study commissioned by United Way of Pennsylvania and released on Friday, Jan. 28, revealed that for every one dollar in cost to the state budget, a refundable EITC will generate a return of seven dollars from additional state and local tax income, business revenue and reduced spending on public assistance.  

“A refundable state Earned Income Tax Credit (EITC) is exactly what the Commonwealth of Pennsylvania needs in 2022. Putting taxpayer earnings back into the pockets of working households will help citizens,…

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