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Federal taxes disproportionately push "childless workers" into or further into poverty as they receive much smaller average EITC benefits. Workers without children lose EITC at lower income levels than those with children, and the current EITC for them does little to offset income and payroll taxes. President's proposal aims to boost Earned Income Tax Credit for childless workers.
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Federal Taxes Push Millions of “Childless Workers”* Into or Further into Poverty
“Childless Workers” Receive Much Smaller Average EITC Benefit
“Childless Workers” Receive Much Smaller Average EITC Benefit
The Maximum EITC Benefit for “Childless Workers” is Small Source: CBPP projections of IRS data
“Childless Workers” Lose EITC at Much Lower Income Level than Workers with Children Source: CBPP projections of IRS data
The Current “Childless Workers’” EITC Does Little to Offset Income and Payroll Taxes Source: CBPP projections of IRS data
President’s Proposal Would Boost Earned Income Tax Credit (EITC) for “Childless Workers”
