From CBPP: Working-Class Families are Left Behind After Decades of Unequal Income Growth

President Trump has consistently promised to help working class families, yet his tax plan released in April would betray those promises. For a fraction of the cost of the Trump tax plan, tax reform could deliver meaningful help to the working class by closing gaps in the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC)— or even more ambitious expansions.  For example, a major EITC expansion proposed today by Representative Ro Khanna and Senator Sherrod Brown would fix a flaw in the EITC that gives workers not raising children a smaller credit and then roughly double the maximum EITC amount for all groups. That would be a well-targeted way to help working-class households that have been hard hit by the economic trends of recent decades. Read the Report   Download the PDF (18pp) Additional Resources  ›  Unpaid-for Tax Cuts for Wealthy Even Less Defensible Now Than in Bush Era