The legislation in question would alter theEarned Income Tax Credit (EITC), a wage supplement for low-income families, by lowering the eligibility age to 21 for childless workers and raising the maximum credit available to all. Doing so, according to the study, would lift more than 300,000 people out of poverty.
As of today, all childess workers under the age of 25 are ineligible for the EITC.
The EITC brought 3.1 million children above the poverty line in 2011 and generated as much as $1.50 in additional earnings for every dollar spent on the program, according to a report by the Brookings Institute, a nonprofit research organization.The Huffington Post
The 1 Move That Could Suddenly Pull 300,000 Workers Out Of Poverty
