Working poor seek tax credit from state

For six years Colorado has not issued an earned income tax credit, or EITC, to those who meet the federal threshold for the credit. The state ties its EITC to a TABOR revenue surplus, so when times are tough for the state, working families also feel the squeeze. Now that the Taxpayer's Bill of Rights is on hold and Referendum C is in play, tax credits are not being given because doing so would reduce the revenue base on which future budgets will be derived.