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Defenders of Justice
Justice Circle May 2012
KEY FINDINGS:
- The state Earned Income Tax Credit (EITC) provides workers earning low wages with a credit to offset their total state and local tax contributions. The state EITC was worth 5 percent of the federal EITC to a family claiming the credit in 2010.
- Recently available data from the N.C. Department of Revenue show that more than 883,000 North Carolinians claimed the credit in 2010 and that they live in every county in the state.
- National research on the EITC finds that the credit has reached nearly half of workers with children at some point and the majority received it for a short period of time.