{"id":5050,"date":"2019-02-21T12:21:48","date_gmt":"2019-02-21T12:21:48","guid":{"rendered":"https:\/\/senatedems.com\/irwin\/?p=5050"},"modified":"2019-02-21T12:21:48","modified_gmt":"2019-02-21T12:21:48","slug":"sen-irwin-introduces-bill-to-reinvigorate-earned-income-tax-credit","status":"publish","type":"post","link":"https:\/\/dev.senatedems.com\/irwin\/2019\/02\/21\/sen-irwin-introduces-bill-to-reinvigorate-earned-income-tax-credit\/","title":{"rendered":"Sen. Irwin introduces bill to reinvigorate Earned Income Tax Credit"},"content":{"rendered":"\n

LANSING, Mich. \u2014 Sen. Jeff Irwin<\/strong> (D\u2013Ann Arbor) today introduced a bill that would provide thousands of low-income Michigan workers with more refund money when they file their taxes. Senate Bill 107<\/a> would increase the percentage of the federal earned income tax credit (EITC) that Michiganders could claim on their state tax return, from 6 percent to 30 percent.<\/p>\n\n\n\n

\u201cThe Earned Income Tax Credit is a proven tool for lifting working families out of poverty, and the money it puts into the pockets of the working poor goes right back into our local economies,\u201d Sen Irwin said.<\/p>\n\n\n\n

\u201cPeople all over Michigan are filing their federal taxes and they’re seeing their taxes go up, and that their refunds are smaller or non-existent. Low-income workers are working harder for less, and Michigan can \u2014 and should \u2014 provide these people some tax relief.\u201d<\/p>\n\n\n\n

The EITC has been proven to improve the lives of working Americans for more than 40 years. It incentivizes lower\u2011income working people to maintain their jobs by effectively boosting their wages and providing benefits so that they can help support their families.<\/p>\n\n\n\n

The amount of refund money an individual can receive when filing for the federal EITC depends on income levels<\/a> where they must make less than:<\/p>\n\n\n\n