EITC Expansion Plan for Low-Wage Childless Workers


New York City has announced the Earned Income Tax Credit (EITC), an anti-poverty and pro-work program, expansion plan for low-income workers without dependents.

Up to $2,000 in reimbursements is being offered by the four-year pilot program for three consecutive years to participants that earn an annual salary of $26,000 or less. The pilot program will test the possibility of using an expanded EITC to fend off poverty by promoting work among the grownups without children.


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The Social Investment Tax Relief


The proposed Social Investment Tax Relief (SITR) has UK civil society and social organizations stirred up this season. The supposed tax relief on investment in social impact bonds will support the UK social economy.




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