The Earned Income Tax Credit: A Working Families Tax Credit for Mississippi
November 2nd, 2017
When Mississippians struggle to provide the basic necessities for their families, they are unable to invest the time and money necessary to move up the economic ladder and ensure their children’s success. What little financial security they are able to build is often vulnerable to being crippled by one medical bill or car repair.
The federal Earned Income Tax Credit (EITC) gives many of these families the boost they need to be more financially secure. Mississippi can join the other 26 states, including our neighbor Louisiana, that have built on the successes of the EITC by enacting a state credit to encourage work, reduce taxes, improve children’s lives, and strengthen local businesses and economies.
Download the Fact Sheet here.