Ronald Reagan called the Earned Income Tax Credit (EITC) “the best anti-poverty, the best pro-family, the best job creation measure to come out of Congress.” Wisconsin’s EITC, like the federal credit, has enjoyed broad bipartisan support, and it was signed into law by Governor Thompson. Nevertheless, a columnist speculates in the Sunday Milwaukee Journal Sentinel that Governor-elect Walker may propose cutting this popular tax credit for the working poor.
A new Wisconsin Budget Project blog post examines the issue and lays out our arguments for preserving the state EITC. Read that blog post here.